GLOBANT SA (GLOB) Stock Technical Analysis
NYSE:GLOB - New York Stock Exchange, Inc. - LU0974299876 - Common Stock - Currency: USD
Overall GLOB gets a technical rating of 1 out of 10. GLOB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, GLOB is a bad performer in the overall market: 92% of all stocks are doing better.
GLOB is part of the IT Services industry. There are 82 other stocks in this industry, of which 81% are performing better than GLOB.
GLOB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month GLOB has a been trading in the 151.38 - 228.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
The technical rating of GLOB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
150.20
233.26
We can see 3 important resistance areas.
- A resistance zone ranging from 211.55 to 214.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @224.49 from a trend line in the weekly time frame.
- Resistance @230.95 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.36
Mansfield-2.88
10 Day High228.98
10 Day Low151.38
20 Day High228.98
20 Day Low151.38
52 Week High238.32
52 Week Low151.38
Performance
1 Week-33.67%
2 Weeks-30.16%
1 Month-27.11%
3 Month-33.82%
6 Month-25.33%
12 Month-33.02%
2 Year-8.09%
3 Year-44.63%
5 Year34.25%
10 Year809.05%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-4.07
RSI(14)18.58
LBB177.73
UBB248.31
151.72
-58.45 (-27.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-27.81%
1 Week-33.67%
2 Weeks-30.16%
1 Month-27.11%
3 Month-33.82%
6 Month-25.33%
12 Month-33.02%
2 Year-8.09%
3 Year-44.63%
5 Year34.25%
10 Year809.05%
15 YearN/A
Volatility
ATR(14)9.99
ATR(20)%6.07%
ATR Inc446.22%
Range Today35.85
ADR(20)7.99
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.36
Mansfield-2.88
10 Day High228.98
10 Day Low151.38
20 Day High228.98
20 Day Low151.38
52 Week High238.32
52 Week Low151.38
CS1 EndN/A
CR1 Start211.55
Volume & EV
DER(3)-2.32%
DER(5)0.48%
Volume5.37M
Volume Incr260.16%
Vol(5)1.75M
Vol(50)561.52K