GLOB NEWS why is Globant S.a. price falling or rising

GLOB NEWS reasons for why stock price of Globant S.a. is falling or rising

GLOB Globant S is falling or rising technical reasons

Technical analysis forecast for Globant S Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Globant S GLOB at this time. Stock is falling and might fall more.

It appears as if Globant S GLOB gave a large move recently.

Stock of Globant S (GLOB) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Globant S is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 172.8, for a target of 179.4 or 184.91

GLOB Globant S is falling or rising NEWS fundamental reasons

More announcements and NEWS

GLOB Globant S.a. current price & indicator signals

Moving Averages for Globant S.a.

  • 5Day Average: 184.44
  • 12Day Average: 182.28
  • 20Day Average: 182.39
  • 50Day Average: 196.37
  • 100Day Average: 214.34
  • 150Day Average: 210.21
  • 200Day Average: 205.53

GLOB Indicators & signals

Indicator MACD (12,26,9)

182.61, 187, -4.87
Indicator MACD is in negative zone

Indicator ADX (14)

29.21, 20.93, 38.21
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GLOB Globant S.a. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri May 2024 173.14 171.00 to 176.61 -0.02% 1.63 times
09 Thu May 2024 173.18 172.26 to 179.98 -9.35% 2.23 times
08 Wed May 2024 191.05 190.55 to 193.51 -1.47% 0.81 times
07 Tue May 2024 193.91 190.81 to 195.22 1.56% 1.51 times
06 Mon May 2024 190.94 185.04 to 191.40 2.9% 0.94 times
03 Fri May 2024 185.55 183.19 to 185.73 3.32% 1 times
02 Thu May 2024 179.58 176.43 to 181.62 0.93% 0.8 times
01 Wed May 2024 177.93 176.25 to 180.88 -0.37% 0.81 times
30 Tue Apr 2024 178.59 178.06 to 183.35 -2.67% 0.59 times
29 Mon Apr 2024 183.49 182.35 to 185.18 1.47% 0.58 times
26 Fri Apr 2024 180.83 178.25 to 182.36 0.94% 0.74 times
25 Thu Apr 2024 179.14 177.91 to 180.84 -2.27% 0.61 times

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GLOB NEWS why is Globant S.a. price falling or rising

 

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