GARTNER INC (IT) Stock Technical Analysis
NYSE:IT - New York Stock Exchange, Inc. - US3666511072 - Common Stock - Currency: USD
Taking everything into account, IT scores 1 out of 10 in our technical rating. IT'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.
When comparing the yearly performance of all stocks, IT is a bad performer in the overall market: 70% of all stocks are doing better.
IT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month IT has a been trading in the 366.05 - 425.13 range, which is quite wide. It is currently trading near the high of this range.
IT is an average performer in the IT Services industry, it outperforms 43% of 82 stocks in the same industry.
IT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 421.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 409.46, a Stop Loss order could be placed below this zone.
More info and screens
373.72
557.32
2 important support areas can be observed.
- A support zone ranging from 403.84 to 409.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 377.49 to 386.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 421.09 to 421.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @485.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 547.40 to 551.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.26
Mansfield-1
10 Day High422.15
10 Day Low386.66
20 Day High425.14
20 Day Low366.05
52 Week High584.01
52 Week Low366.05
Performance
1 Week3.59%
2 Weeks4.33%
1 Month1.78%
3 Month-22.43%
6 Month-16.4%
12 Month-1.76%
2 Year39.22%
3 Year44.93%
5 Year254.42%
10 Year407.45%
15 Year1648.67%
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)
Technical Indicators
MACD(12,26,9)5.44
RSI(14)52.06
LBB388.07
UBB425.94
421.08
+0.49 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.12%
1 Week3.59%
2 Weeks4.33%
1 Month1.78%
3 Month-22.43%
6 Month-16.4%
12 Month-1.76%
2 Year39.22%
3 Year44.93%
5 Year254.42%
10 Year407.45%
15 Year1648.67%
Volatility
ATR(14)11.41
ATR(20)%3.7%
ATR Inc-44.24%
Range Today10.35
ADR(20)13.61
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.26
Mansfield-1
10 Day High422.15
10 Day Low386.66
20 Day High425.14
20 Day Low366.05
52 Week High584.01
52 Week Low366.05
CS1 End409.46
CR1 Start421.09
Volume & EV
DER(3)1.41%
DER(5)1.57%
Volume683.19K
Volume Incr-24.55%
Vol(5)581.59K
Vol(50)722.05K