GARTNER INC (IT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IT - US3666511072 - Common Stock
Overall IT gets a technical rating of 3 out of 10. In the past year, IT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
IT has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
221.88
3 important support areas can be observed.
- A support zone ranging from 245.79 to 247.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 238.24 to 239.33. 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 224.12 to 229.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 252.62 to 258.17. 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 | UP | POSITIVE | The short term trend for IT is up. |
| ChartMill Relative Strength | 12.73 | NEGATIVE | IT has a low relative strength, it was outperformed by 87.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IT is above 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) | 55.49 | NEUTRAL | The RSI value for IT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests IT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.34 | NEUTRAL | The Stochastics value for IT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for IT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.23 | NEUTRAL | The ADX value for IT suggests a possible start of a new trend. |
248.02
+1.21 (+0.49%)
GARTNER INC / IT FAQ
Can you provide the ChartMill technical rating for GARTNER INC?
ChartMill assigns a technical rating of 3 / 10 to IT.
What is the trend direction for 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 55.489. This indicates that the stock is currently neutral.
What is the MACD signal for GARTNER INC (IT) stock?
The MACD indicator for GARTNER INC (IT) has a value of -0.642014, indicating a bearish trend.
What is the buy/sell signal for IT stock?
The buy/sell signal for GARTNER INC (IT) is hold as the short term and long term trends are mixed.