The Relative Strength (RS) Rating for Globant headed into a new percentile Monday, as it got a lift from 68 to 75.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they launch their largest runs. See if Globant can continue to rebound and clear that threshold.
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Globant is trying to complete a cup with handle with a 238.32 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company posted 10% EPS growth in its most recent report, while sales growth came in at 13%.
Globant holds the No. 4 rank among its peers in the Computer-Technical Services industry group. Dave is the No. 1-ranked stock within the group.
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