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 technical rating of GTLB is bad and it also does not present a quality setup 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.
31.81
When analyzing the resistance we notice 5 important areas.
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 | 7.8 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 92.2% 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) | 38.02 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests GTLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.66 | OVERSOLD | The low Stochastics value suggests GTLB may be oversold. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for GTLB suggests high volalility. |
| Average Directional Index/ADX (14) | 26.21 | POSITIVE | The high ADX value value for GTLB suggests a strong trend. |
32.13
+1.52 (+4.97%)
ChartMill assigns a technical rating of 0 / 10 to GTLB.
The current trend direction for GITLAB INC-CL A (GTLB) is Bearish.
GITLAB INC-CL A (GTLB) has an RSI value of 38.0221. This indicates that the stock is currently neutral.
The short term momentum for GITLAB INC-CL A (GTLB) is negative.
The buy/sell signal for GITLAB INC-CL A (GTLB) is sell as both the short term and long term trends are negative.