Is Globant SA technically bullish or bearish?

As of 24 October 2025, the technical trend for Globant SA has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The weekly RSI is bullish, but the monthly RSI shows no signal. Bollinger Bands indicate a mildly bearish trend on both weekly and monthly time frames. Daily moving averages are bearish, and the KST is bearish across both weekly and monthly periods. Dow Theory suggests a mildly bearish stance on the weekly chart with no trend on the monthly. The OBV is mildly bullish on the weekly but shows no trend on the monthly.
In terms of performance, Globant SA has underperformed significantly against the S&P 500 over the longer term, with a year-to-date return of -72.12% compared to the S&P 500's 15.47%, and a 1-year return of -72.71% versus 16.90% for the index.