El Oráculo · GLOB: +2% vs Nasdaq -6.5%, real divergence
Machine translation of the Spanish original. Read the original
On a day where the Nasdaq falls 6.5% and the CEDEAR universe gets crushed, GLOB closes in the green +2.28% with a vol_ratio of 3.47x and at a 60-day high — the only clean divergence in the universe today. Globant operates outside the epicenter of the sell-off (post-midterms AI chips regulation) and its IT services business has no direct exposure to semiconductors or to the restrictions that collapsed NVDA, SNDK, and SKHY. The market is rotating toward names with less regulatory exposure within the tech universe, and GLOB is the visible recipient of that rotation. Warning: GLOB reports Q3 on 12/11 post-market (confirmed), within the horizon. The last 4 quarters showed consecutive EPS misses (-8.7%, -1.7%, -2.1%, -2.8%), turning the report into a binary risk. The thesis is valid until the close on 12/11 — if the price approaches the stop before the report, exit.
El Oráculo
Friday, November 6, 2026
| GLOB | CEDEAR |
■RELATIVE DIVERGENCE IN BROAD-BASED SELL-OFF
Target +3.5% · 5 sessions
|
Conf. 5/10 |
Prob. 52% |
Target +3.5% |
Stop -4.5% |
GLOB: +2% vs Nasdaq -6.5%, real divergence
Key data point
GLOB +2.3% vs Nasdaq -6.5%; vol_ratio 3.5x; 60d high
The thesis
Context
This is not an investment recommendation. The published information is general in nature and does not account for individual situations. Trading in financial markets involves risk of loss. Consult with a registered financial advisor before making decisions (Law 26.831).
73f81acbb6368e52688a08410719a546aa29d3fcf3dd2e0f1424b72af1698b83 and was anchored to Bitcoin (OpenTimestamps). It has not been edited.Keep reading
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