The Relative Strength (RS) Rating for Globant entered a higher percentile Tuesday, as it got a lift from 69 to 77.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Globant can continue to rebound and hit that benchmark.
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Globant is building a cup with handle with a 238.32 entry. See if the stock can clear the breakout price in heavy volume.
The company posted 10% EPS growth in its most recent report. Revenue rose 13%. Keep an eye out for the company's next round of numbers on or around Feb. 20.
The company holds the No. 8 rank among its peers in the Computer-Technical Services industry group. Dave, Gorilla Technology Group and GitLab Cl A are among the top 5 highly rated stocks within the group.
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