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 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than GLOB.
GLOB is one of the lesser performing stocks in the IT Services industry. 85% of 82 stocks in the same industry do better.
GLOB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GLOB has a been trading in the 79.48 - 95.26 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.
GLOB has an average volume of 1140770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
78.98
93.90
When analyzing the support we notice one important area.
- A support zone ranging from 79.78 to 79.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 87.70 to 88.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 92.05 to 92.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GLOB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLOB is down. |
| ChartMill Relative Strength | 3.84 | NEGATIVE | GLOB has a low relative strength, it was outperformed by 96.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLOB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLOB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLOB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.64 | NEUTRAL | The RSI value for GLOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLOB has a negative trend. |
| Stochastics (14,3) | 26.14 | NEUTRAL | The Stochastics value for GLOB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for GLOB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for GLOB suggests a possible start of a new trend. |
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)
NYSE:GLOB (8/4/2025, 3:57:04 PM)
81.82
+2.03 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg2.54%
1 Week-14.08%
2 Weeks-5.39%
1 Month-13.01%
3 Month-33.22%
6 Month-62.6%
12 Month-58.03%
2 Year-60.98%
3 Year-62.14%
5 Year-55.07%
10 Year193.35%
15 YearN/A
Volatility
ATR(14)3.36
ATR(20)%4.29%
ATR Inc76.07%
Range Today1.82
ADR(20)3.24
ADR(20)%3.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.84
Mansfield-5.44
10 Day High94.35
10 Day Low79.48
20 Day High95.26
20 Day Low79.48
52 Week High238.32
52 Week Low79.48
CS1 EndN/A
CR1 Start87.7
Volume & EV
DER(3)3.58%
DER(5)2.66%
Volume1.25M
Volume Incr43.15%
Vol(5)1.58M
Vol(50)1.14M