GARTNER INC (IT) Technical Analysis
NYSE:IT • US3666511072
Current stock price
148.6 USD
-8.49 (-5.4%)
At close:
148.73 USD
+0.13 (+0.09%)
Pre-Market:
IT Technical Rating and Analysis
Overall IT gets a technical rating of 0 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 96% of all other stocks performed better in the past year than IT.
- IT is part of the IT Services industry. There are 88 other stocks in this industry, of which 73% are performing better than IT.
- 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 1534480 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. 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
260.75
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 156.81 to 158.98. 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 168.10 to 169.01. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @225.98 from a horizontal line in the daily time frame.
- Resistance @237.60 from a trend line in the weekly time frame.
- Resistance @243.19 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 | NEUTRAL | NEUTRAL | The short term trend for IT is neutral. |
| ChartMill Relative Strength | 4.94 | NEGATIVE | IT has a low relative strength, it was outperformed by 95.06% 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) | 42.47 | NEUTRAL | The RSI value for IT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests IT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.13 | NEUTRAL | The Stochastics value for IT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for IT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for IT suggests a weak or negative trend. |
IT Chart- and CandleStick Pattern Analysis
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)
IT Technicals: Chart, Performance Metrics, Trend & Indicators
148.6
-8.49 (-5.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-5.4%
1 Week-4.46%
2 Weeks0.39%
1 Month-1.08%
3 Month-35.88%
6 Month-40.61%
12 Month-64.29%
2 Year-63.98%
3 Year-50.87%
5 Year-24.14%
10 Year70.47%
15 Year246.31%
Volatility
ATR(14)6.67
ATR(20)%4.64%
ATR Inc42.64%
Range Today7.59
ADR(20)6.38
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.94
3 months CRS7.87
6 months CRS11.78
Mansfield-4.93
10 Day High161.61
10 Day Low141.76
20 Day High162.52
20 Day Low141.76
52 Week High451.73
52 Week Low139.18
CS1 End144.97
CR1 Start156.81
Volume & EV
DER(3)1.47%
DER(5)1.28%
Volume1.47M
Volume Incr-18.02%
Vol(5)1.21M
Vol(50)1.53M
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 42.467. 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 neutral.
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 156.81. Check the full technical report for our detailed analysis of IT support and resistance levels.