Globant Sa Stock Technical Analysis

GLOB Stock  USD 204.79  5.78  2.90%   
As of the 28th of March, Globant SA retains the Risk Adjusted Performance of (0.04), standard deviation of 2.05, and Market Risk Adjusted Performance of (0.09). Globant SA technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Globant SA, which can be compared to its competitors. Please check out Globant SA information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Globant SA is priced fairly, providing market reflects its last-minute price of 204.79 per share. Given that Globant SA has information ratio of (0.16), we strongly advise you to confirm Globant SA's regular market performance to make sure the company can sustain itself at a future point.

Globant SA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Globant, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Globant
  
Globant SA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Globant SA Analyst Consensus

Target PriceAdvice# of Analysts
223.33Strong Buy20Odds
Globant SA current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Globant analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Globant stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Globant SA, talking to its executives and customers, or listening to Globant conference calls.
Globant Analyst Advice Details
Globant SA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Globant SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globant SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Globant SA Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Globant SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Globant SA Trend Analysis

Use this graph to draw trend lines for Globant SA. You can use it to identify possible trend reversals for Globant SA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Globant SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Globant SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Globant SA applied against its price change over selected period. The best fit line has a slop of   0.5  , which may suggest that Globant SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9638.0, which is the sum of squared deviations for the predicted Globant SA price change compared to its average price change.

About Globant SA Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Globant SA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Globant SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Globant SA price pattern first instead of the macroeconomic environment surrounding Globant SA. By analyzing Globant SA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Globant SA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Globant SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0044220.003227
Price To Sales Ratio4.843.88

Globant SA March 28, 2024 Technical Indicators

Most technical analysis of Globant help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Globant from various momentum indicators to cycle indicators. When you analyze Globant charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Globant SA March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Globant stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Globant Stock analysis

When running Globant SA's price analysis, check to measure Globant SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globant SA is operating at the current time. Most of Globant SA's value examination focuses on studying past and present price action to predict the probability of Globant SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globant SA's price. Additionally, you may evaluate how the addition of Globant SA to your portfolios can decrease your overall portfolio volatility.
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Is Globant SA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globant SA. If investors know Globant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.067
Earnings Share
3.64
Revenue Per Share
49.199
Quarterly Revenue Growth
0.183
Return On Assets
0.0557
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globant SA's market value can be influenced by many factors that don't directly affect Globant SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.