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Globant Sa Down 14.1% Since SmarTrend Downtrend Call (GLOB)

By Shiri Gupta

SmarTrend identified a Downtrend for Globant Sa (NYSE:GLOB) on September 7th, 2018 at $59.36. In approximately 1 month, Globant Sa has returned 14.10% as of today's recent price of $50.99.

Globant Sa share prices have moved between a 52-week high of $66.41 and a 52-week low of $34.82 and are now trading 46% above that low price at $50.99 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.5%.

Globant S.A. is a software solutions company. The Company provides engineering, design, and innovation services for clients throughout North America and Europe.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Globant Sa.

Log in and add Globant Sa (GLOB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights globant sa

Ticker(s): GLOB