GARTNER INC (IT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IT - US3666511072 - Common Stock
We assign a technical rating of 0 out of 10 to IT. IT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, IT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 231.70, a Stop Loss order could be placed below this zone.
More info and screens
221.88
We found 1 important support area.
- A support zone ranging from 224.12 to 231.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 248.77 to 250.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 264.09 to 264.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IT is down. |
| ChartMill Relative Strength | 10 | NEGATIVE | IT has a low relative strength, it was outperformed by 90% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for IT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.07 | POSITIVE | The MACD value suggests IT has a positive trend. |
| Stochastics (14,3) | 59.67 | NEUTRAL | The Stochastics value for IT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for IT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for IT suggests a possible start of a new trend. |
232.74
+1.49 (+0.64%)
GARTNER INC / IT FAQ
Can you provide the ChartMill technical rating for GARTNER INC?
ChartMill assigns a technical rating of 0 / 10 to IT.
What is the current trend direction of GARTNER INC (IT) stock?
The current trend direction for GARTNER INC (IT) is Bearish.
What is the RSI signal for GARTNER INC (IT) stock?
GARTNER INC (IT) has an RSI value of 47.3805. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GARTNER INC?
The buy/sell signal for GARTNER INC (IT) is sell as both the short term and long term trends are negative.
What is the support and resistance level for IT stock?
GARTNER INC (IT) has a support level at 231.7 and a resistance level at 248.77. Check the full technical report for our detailed analysis of IT support and resistance levels.