Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Globant S.A. Common Shares (NYSE:GLOB)
Long-Term Uptrend (+90) - GLOB is in a strong uptrend that is likely to continue. While GLOB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GLOB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLOB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLOB
The long-term trend has been UP since May 25th, 2023 at 179.90
The intermediate-term trend has been UP since May 19th, 2023 at 157.91
The short-term trend has been UP since May 15th, 2023 at 139.56
Smart Scan Analysis for GLOB
Based on our trend formula, GLOB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||66.41||Year High Date||2018-08-31|
|Year Low||42.11||Year Low Date||2018-02-09|
|52wk High||240||52wk High Date||2022-08-10|
|52wk Low||135.405||52wk Low Date||2023-05-12|
|Average Volume||748,173||Shares Outstanding||40,023|