GARTNER INC (IT) Stock Technical Analysis
NYSE:IT - US3666511072 - Common Stock
245.91 USD
+9.18 (+3.88%)
250 USD
+4.09 (+1.66%)
Overall IT gets a technical rating of 1 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.
97% 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. 80% of 85 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 1298350 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 223.65 - 252.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
243.45
354.17
3 important resistance areas can be observed.
- A resistance zone ranging from 251.20 to 251.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @338.78 from a trend line in the daily time frame.
- A resistance zone ranging from 347.45 to 350.66. 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 | 3.86 | NEGATIVE | IT has a low relative strength, it was outperformed by 96.14% 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 | 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) | 36.61 | NEUTRAL | The RSI value for IT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.15 | POSITIVE | The MACD value suggests IT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.04 | NEUTRAL | The Stochastics value for IT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for IT suggests some volalility. |
| Average Directional Index/ADX (14) | 48.72 | POSITIVE | The high ADX value value for IT suggests a strong trend. |
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)
245.91
+9.18 (+3.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg3.88%
1 Week-0.73%
2 Weeks0.51%
1 Month7.06%
3 Month-41.8%
6 Month-48.99%
12 Month-49.16%
2 Year-28.43%
3 Year-11.12%
5 Year96.81%
10 Year192.99%
15 Year735.29%
Volatility
ATR(14)6.18
ATR(20)%2.74%
ATR Inc82.47%
Range Today8.6
ADR(20)6.53
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.86
Mansfield-4.96
10 Day High252.13
10 Day Low236.29
20 Day High252.13
20 Day Low223.65
52 Week High584.01
52 Week Low223.65
CS1 EndN/A
CR1 Start251.2
Volume & EV
DER(3)0.13%
DER(5)-1.02%
Volume1.30M
Volume Incr-40.82%
Vol(5)1.10M
Vol(50)1.30M