Is Globant SA technically bullish or bearish?

Jun 25 2025 08:53 AM IST
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As of June 13, 2025, Globant SA's technical trend has shifted to bearish, indicated by negative MACD readings, a bearish daily moving average, and a bearish Bollinger Bands signal, suggesting a sustained weakness in the stock.
As of 13 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Globant SA is bearish with a strong indication of weakness. Key indicators driving this stance include bearish MACD readings on both the weekly and monthly time frames, a bearish daily moving average, and a bearish Bollinger Bands signal on the monthly chart. Additionally, the Dow Theory suggests a mildly bearish outlook on both weekly and monthly time frames. Overall, the combination of these indicators points to a sustained bearish trend.
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