GLOBANT SA (GLOB) Stock Technical Analysis
NYSE:GLOB - New York Stock Exchange, Inc. - LU0974299876 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GLOB. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GLOB is a bad performer in the overall market: 90% of all stocks are doing better.
GLOB is one of the lesser performing stocks in the IT Services industry. 76% of 82 stocks in the same industry do better.
GLOB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month GLOB has a been trading in the 96.23 - 122.05 range, which is quite wide. It is currently trading near the high of this range.
GLOB has an average volume of 1102790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of GLOB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
103.09
233.26
We found 2 important support areas.
- Support @107.77 from a trend line in the daily time frame.
- Support @104.13 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 119.06 to 119.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 219.90 to 221.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS10.28
Mansfield-3.36
10 Day High122.05
10 Day Low102.57
20 Day High122.05
20 Day Low96.23
52 Week High238.32
52 Week Low96.23
Performance
1 Week13.46%
2 Weeks10.21%
1 Month1.13%
3 Month-44.19%
6 Month-43.34%
12 Month-35.84%
2 Year-24.11%
3 Year-44.88%
5 Year2.92%
10 Year466.64%
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)3.53
RSI(14)50.88
LBB99.53
UBB121.95
119.05
+0.32 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.27%
1 Week13.46%
2 Weeks10.21%
1 Month1.13%
3 Month-44.19%
6 Month-43.34%
12 Month-35.84%
2 Year-24.11%
3 Year-44.88%
5 Year2.92%
10 Year466.64%
15 YearN/A
Volatility
ATR(14)5.94
ATR(20)%5.74%
ATR Inc-49.81%
Range Today2.24
ADR(20)6.04
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
Mansfield-3.36
10 Day High122.05
10 Day Low102.57
20 Day High122.05
20 Day Low96.23
52 Week High238.32
52 Week Low96.23
CS1 End107.77
CR1 Start119.06
Volume & EV
DER(3)1.67%
DER(5)1.11%
Volume332.10K
Volume Incr-18.65%
Vol(5)801.12K
Vol(50)1.10M