Technical Analysis for GLOB - Globant S.A.

Grade Last Price % Change Price Change
D 194.28 -1.25% -2.46
GLOB closed up 0.29 percent on Thursday, July 18, 2024, on 1.77 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
200 DMA Resistance Bearish -1.25%
Shooting Star Candlestick Bearish -1.25%
Lizard Bearish Bearish Day Trade Setup -1.25%
Pocket Pivot Bullish Swing Setup -1.25%
Multiple of Ten Bearish Other -1.25%
Outside Day Range Expansion -1.25%
Gapped Up Strength -1.25%
Overbought Stochastic Strength -1.25%
Upper Bollinger Band Touch Strength -1.25%
Fell Below 200 DMA Bearish -0.97%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 4 hours ago
Lizard Bearish Entry about 7 hours ago
Shooting Star Candlestick Entry about 7 hours ago
Fell Below Previous Day's Low about 7 hours ago
Down 1% about 7 hours ago

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Profile

Globant S.A. Description

Globant S.A. provides various software solutions in North America, Europe, Latin America, and internationally. The company offers content management systems that are designed to allow rich content editing and immediate publishing of up-to-date product data and other information; and e-commerce applications to generate traffic and new sales, and incorporate product catalogs, payment and checkout functions, micro-transactions, search engine marketing, search engine optimization, and reporting, as well as designs and builds portals. It is also involved the provision of data management solutions for clients in industries that manage daily transactions; and quality assurance engagement strategy, mobile testing, test automation, load and performance testing, and game testing services to reduce its clients' business risks, as well as in the design and development of games, and social and digital platforms that function in Web and mobile channels web, and mobile channels. In addition, the company offers enterprise solutions that enable organizations to enhance internal efficiency and engage employees in bringing new trends and technologies from consumer-facing software solutions into the workplace; visual design, digital marketing, user interface engineering, and user experience services that empower its clients' businesses; mobile applications and state-of-the-art user interfaces that are able to run in various devices and platforms; and cloud consultancy and implementation, information security, and managed services, as well as Innovation-as-a-Service services. It serves medium- to large-sized companies in a range of industries, such as media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, and financial services and insurance, as well as consumer, retail, and manufacturing industries. The company, formerly known as IT Outsourcing S.L., was founded in 2003 and is based in Luxembourg.


Classification

Sector: Technology
Industry: Information Technology Services
Keywords: Telecommunications E-Commerce Games Digital Marketing Online Shopping Microeconomics Search Engine Content Management Mobile Payments Quality Assurance Search Engine Optimization Manufacturing Industries Enterprise Solution Information Security Content Management Systems Search Engine Marketing Link Motion Inc User Interfaces Content Management System Data Management Solution Test Automation Data Management Solutions

Is GLOB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 251.502
52 Week Low 151.68
Average Volume 641,105
200-Day Moving Average 200.43
50-Day Moving Average 172.48
20-Day Moving Average 181.98
10-Day Moving Average 188.74
Average True Range 5.53
RSI (14) 70.59
ADX 36.32
+DI 39.41
-DI 9.33
Chandelier Exit (Long, 3 ATRs) 186.63
Chandelier Exit (Short, 3 ATRs) 170.57
Upper Bollinger Bands 200.99
Lower Bollinger Band 162.98
Percent B (%b) 0.89
BandWidth 20.89
MACD Line 7.55
MACD Signal Line 5.40
MACD Histogram 2.1435
Fundamentals Value
Market Cap 8.35 Billion
Num Shares 42.4 Million
EPS 3.57
Price-to-Earnings (P/E) Ratio 55.11
Price-to-Sales 5.17
Price-to-Book 6.08
PEG Ratio 1.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 207.48
Resistance 3 (R3) 208.45 205.84 205.69
Resistance 2 (R2) 205.84 203.10 205.35 205.09
Resistance 1 (R1) 201.28 201.41 199.98 200.31 204.49
Pivot Point 198.67 198.67 198.02 198.19 198.67
Support 1 (S1) 194.12 195.93 192.81 193.15 188.97
Support 2 (S2) 191.51 194.24 191.02 188.37
Support 3 (S3) 186.95 191.51 187.77
Support 4 (S4) 185.98