GITLAB INC-CL A (GTLB) Stock Technical Analysis
NASDAQ:GTLB - Nasdaq - US37637K1088 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GTLB. GTLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GTLB is a bad performer in the overall market: 85% of all stocks are doing better.
GTLB is one of the lesser performing stocks in the Software industry. 70% of 282 stocks in the same industry do 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 4286910 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 39.82 - 47.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
40.10
71.29
We found 2 important support 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 45.44 to 46.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.13 from a horizontal line in the daily time frame.
- Resistance @70.58 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 | NEUTRAL | NEUTRAL | The short term trend for GTLB is neutral. |
| ChartMill Relative Strength | 15.2 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 84.8% 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) | 38.16 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests GTLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.27 | NEUTRAL | The Stochastics value for GTLB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for GTLB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.15 | 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 (7/14/2025, 10:10:09 AM)
42.56
+0.53 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.26%
1 Week-9.36%
2 Weeks-4.97%
1 Month-3.09%
3 Month0.26%
6 Month-29.88%
12 Month-17.51%
2 Year-15.31%
3 Year-26.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%4.31%
ATR Inc59.73%
Range Today0.56
ADR(20)1.71
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.2
Mansfield-2.71
10 Day High47.73
10 Day Low42
20 Day High47.73
20 Day Low39.82
52 Week High74.18
52 Week Low37.9
CS1 End41.7
CR1 Start45.44
Volume & EV
DER(3)-4.04%
DER(5)-1.89%
Volume1.24K
Volume Incr-33.44%
Vol(5)4.21M
Vol(50)4.29M