GARTNER INC (IT) Technical Analysis
NYSE:IT • US3666511072
Current stock price
IT Technical Rating and Analysis
Overall IT gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, IT is a bad performer in the overall market: 95% of all stocks are doing better.
- IT is part of the IT Services industry. There are 88 other stocks in this industry, of which 78% are performing better than IT.
- IT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IT is lagging the market.
- IT has an average volume of 1787950 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 144.22 - 172.23 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
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.
More info and screens
IT Support and Resistance Analysis
152.18
We found 1 important support area.
- Support @153.72 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 158.40 to 160.74. 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 171.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 179.27 to 179.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @225.98 from a horizontal line in the daily time frame.
- Resistance @240.25 from a trend line in the weekly 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 | 5.87 | NEGATIVE | IT has a low relative strength, it was outperformed by 94.13% 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) | 45.71 | NEUTRAL | The RSI value for IT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests IT has a positive trend. |
| Stochastics (14,3) | 56.96 | NEUTRAL | The Stochastics value for IT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for IT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for IT suggests a strong trend. |
IT Chart- and CandleStick Pattern Analysis
IT Technicals: Chart, Performance Metrics, Trend & Indicators
158.34
-0.8 (-0.5%)
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 45.7088. 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 153.72 and a resistance level at 158.4. Check the full technical report for our detailed analysis of IT support and resistance levels.