GARTNER INC (IT) Technical Analysis
NYSE:IT • US3666511072
Current stock price
IT Technical Rating and Analysis
Taking everything into account, IT scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than IT.
- IT is one of the lesser performing stocks in the IT Services industry. 72% of 89 stocks in the same industry do better.
- IT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- IT has an average volume of 1489470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month IT has a been trading in the 141.76 - 162.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IT Weekly and Daily overview Charts
IT Setup Rating and Analysis
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 144.97, a Stop Loss order could be placed below this zone.
More info and screens
IT Support and Resistance Analysis
142.27
When analyzing the support we notice one important area.
- A support zone ranging from 143.71 to 144.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 153.09 to 153.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 169.01 to 170.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @225.98 from a horizontal line in the daily time frame.
- Resistance @236.72 from a trend line in the weekly time frame.
- Resistance @242.90 from a trend line in the daily time frame.
- Resistance @258.17 from a horizontal line in the daily time frame.
IT Technical Indicator Signal Analysis
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 | 5.14 | NEGATIVE | IT has a low relative strength, it was outperformed by 94.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IT is below 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) | 43.06 | NEUTRAL | The RSI value for IT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests IT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.04 | NEUTRAL | The Stochastics value for IT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for IT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for IT suggests a weak or negative trend. |
IT Chart- and CandleStick Pattern Analysis
IT Technicals: Chart, Performance Metrics, Trend & Indicators
148.78
-1.77 (-1.18%)
GARTNER INC / IT TA FAQ
Can you provide the ChartMill technical rating for GARTNER INC?
ChartMill assigns a technical rating of 0 / 10 to IT.
What is the trend direction for IT stock?
The current trend direction for GARTNER INC (IT) is Bearish.
Can you provide the RSI signal for GARTNER INC?
GARTNER INC (IT) has an RSI value of 43.0609. This indicates that the stock is currently neutral.
What is the short term momentum for IT stock?
The short term momentum for GARTNER INC (IT) is negative.
What are the support and resistance levels for GARTNER INC (IT) stock?
GARTNER INC (IT) has a support level at 144.97 and a resistance level at 153.09. Check the full technical report for our detailed analysis of IT support and resistance levels.