GITLAB INC-CL A (GTLB) Technical Analysis
NASDAQ:GTLB • US37637K1088
Current stock price
22.15 USD
+0.49 (+2.26%)
At close:
22.33 USD
+0.18 (+0.81%)
Pre-Market:
GTLB Technical Rating and Analysis
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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 95% of all other stocks performed better in the past year than GTLB.
- GTLB is part of the Software industry. There are 272 other stocks in this industry, of which 77% are performing better than GTLB.
- GTLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- GTLB has an average volume of 6667580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GTLB has a been trading in the 18.73 - 24.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GTLB Weekly and Daily overview Charts
GTLB Setup Rating and Analysis
GTLB has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
GTLB Support and Resistance Analysis
21.93
33.69
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.89 to 23.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @24.61 from a trend line in the daily time frame.
- Resistance @28.31 from a trend line in the daily time frame.
- Resistance @33.36 from a trend line in the weekly time frame.
GTLB Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for GTLB is neutral. |
| ChartMill Relative Strength | 5.52 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 94.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GTLB is above 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) | 49.33 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests GTLB has a positive trend. |
| Stochastics (14,3) | 55.09 | NEUTRAL | The Stochastics value for GTLB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for GTLB suggests high volalility. |
| Average Directional Index/ADX (14) | 22.67 | NEUTRAL | The ADX value for GTLB suggests a possible start of a new trend. |
GTLB Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
GTLB Technicals: Chart, Performance Metrics, Trend & Indicators
22.15
+0.49 (+2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.26%
1 Week10.31%
2 Weeks-4.32%
1 Month-0.54%
3 Month-39.11%
6 Month-54.36%
12 Month-53.03%
2 Year-57.79%
3 Year-27.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%5.81%
ATR Inc-1.64%
Range Today1.72
ADR(20)1.22
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.52
3 months CRS6.27
6 months CRS7.49
Mansfield-4.81
10 Day High24.2
10 Day Low18.73
20 Day High24.2
20 Day Low18.73
52 Week High54.08
52 Week Low18.73
CS1 EndN/A
CR1 Start22.89
Volume & EV
DER(3)1.01%
DER(5)-0.12%
Volume5.63M
Volume Incr-11.83%
Vol(5)5.33M
Vol(50)6.67M
GITLAB INC-CL A / GTLB TA 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 GITLAB INC-CL A (GTLB) stock?
GITLAB INC-CL A (GTLB) has an RSI value of 49.3306. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GITLAB INC-CL A?
The MACD indicator for GITLAB INC-CL A (GTLB) has a value of 0.359267, indicating a bearish trend.