Overall GTLB gets a technical rating of 0 out of 10. GTLB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GTLB has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.04
When analyzing the resistance we notice 4 important areas.
- Resistance @38.39 from a horizontal line in the daily time frame.
- Resistance @42.59 from a trend line in the weekly time frame.
- Resistance @46.54 from a trend line in the weekly time frame.
- A resistance zone ranging from 50.12 to 50.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GTLB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTLB is down. |
| ChartMill Relative Strength | 10.04 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.49 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GTLB has a negative trend. |
| Stochastics (14,3) | 13.08 | OVERSOLD | The low Stochastics value suggests GTLB may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for GTLB suggests some volalility. |
| Average Directional Index/ADX (14) | 25.93 | POSITIVE | The high ADX value value for GTLB suggests a strong trend. |
35.39
-0.16 (-0.45%)
GITLAB INC-CL A / GTLB FAQ
What is the ChartMill technical rating of GITLAB INC-CL A (GTLB) stock?
ChartMill assigns a technical rating of 0 / 10 to GTLB.
What is the current trend direction of GITLAB INC-CL A (GTLB) stock?
The current trend direction for GITLAB INC-CL A (GTLB) is Bearish.
What is the RSI signal for GTLB stock?
GITLAB INC-CL A (GTLB) has an RSI value of 33.4937. This indicates that the stock is currently neutral.
What is the short term momentum for GTLB stock?
The short term momentum for GITLAB INC-CL A (GTLB) is negative.
What is the buy/sell signal for GITLAB INC-CL A (GTLB) stock?
The buy/sell signal for GITLAB INC-CL A (GTLB) is sell as both the short term and long term trends are negative.