USA - NASDAQ:GTLB - US37637K1088 - Common Stock
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 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.
40.01
2 important support areas can be observed.
We can see 4 important resistance 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 | 17.1 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 82.9% 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) | 37.06 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests GTLB has a negative trend. |
| Stochastics (14,3) | 7.7 | OVERSOLD | The low Stochastics value suggests GTLB may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for GTLB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.68 | NEGATIVE | The low ADX value for GTLB suggests a weak or negative trend. |
42.64
-1.69 (-3.81%)
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 37.0599. This indicates that the stock is currently neutral.
The MACD indicator for GITLAB INC-CL A (GTLB) has a value of -0.490916, indicating a bearish trend.
The short term momentum for GITLAB INC-CL A (GTLB) is negative.