GITLAB INC-CL A (GTLB) Stock Technical Analysis
NASDAQ:GTLB - Nasdaq - US37637K1088 - Common Stock - Currency: USD
Taking everything into account, GTLB scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GTLB is a bad performer in the overall market: 73% of all stocks are doing better.
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 4691870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GTLB is part of the Software industry. There are 282 other stocks in this industry, GTLB did better than 47% of them.
In the last month GTLB has a been trading in the 41.15 - 48.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GTLB has a poor technical rating and the quality of the setup is also only medium 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
40.10
70.90
When analyzing the support we can see 2 important areas.
- Support @41.70 from a horizontal line in the weekly time frame.
- A support zone ranging from 40.51 to 40.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 44.98 to 45.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.12 from a trend line in the daily time frame.
- A resistance zone ranging from 47.90 to 48.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.13 from a horizontal line in the daily time frame.
- Resistance @70.20 from a trend line in the weekly 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 | 27.16 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 72.84% 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) | 46.21 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests GTLB has a negative trend. |
| Stochastics (14,3) | 27.93 | NEUTRAL | The Stochastics value for GTLB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for GTLB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.43 | NEGATIVE | The low ADX value for GTLB suggests a weak or negative trend. |
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)
NASDAQ:GTLB (8/6/2025, 9:50:10 AM)
44.425
+0.42 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.97%
1 Week-6.76%
2 Weeks-4.41%
1 Month-5.58%
3 Month-10.5%
6 Month-37.63%
12 Month5.52%
2 Year-7.11%
3 Year-26.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%4.14%
ATR Inc7.6%
Range Today0.19
ADR(20)1.7
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.16
Mansfield-2.29
10 Day High48.93
10 Day Low41.15
20 Day High48.93
20 Day Low41.15
52 Week High74.18
52 Week Low37.9
CS1 End41.7
CR1 Start44.98
Volume & EV
DER(3)0.55%
DER(5)-0.03%
Volume1.29K
Volume Incr3.26%
Vol(5)3.79M
Vol(50)4.69M