GITLAB INC-CL A (GTLB) Stock Technical Analysis
NASDAQ:GTLB - Nasdaq - US37637K1088 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GTLB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GTLB is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
GTLB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GTLB is lagging the market slightly.
In the last month GTLB has a been trading in the 56.94 - 74.18 range, which is quite wide. It is currently trading near the high of this range.
GTLB has an average volume of 3217100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GTLB outperforms 60% of them, which is more or less in line with the market.
GTLB is part of the Software industry. There are 284 other stocks in this industry, GTLB did better than 49% of them.
Although GTLB has an excellent technical rating, the quality of the presented setup is not ideal 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
41.82
72.15
When analyzing the support we can see 7 important areas.
- A support zone ranging from 68.45 to 69.38. 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 62.85 to 63.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.28 from a trend line in the daily time frame.
- Support @57.55 from a trend line in the daily time frame.
- Support @52.87 from a horizontal line in the daily time frame.
- Support @47.21 from a trend line in the weekly time frame.
- Support @42.24 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.43
Mansfield1.7
10 Day High74.18
10 Day Low62.49
20 Day High74.18
20 Day Low56.94
52 Week High76.69
52 Week Low40.72
Performance
1 Week-1.8%
2 Weeks9.79%
1 Month19.54%
3 Month18.08%
6 Month71.32%
12 Month-7.94%
2 Year62.22%
3 Year22.6%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.8
RSI(14)63.25
LBB59.75
UBB74.51
GITLAB INC-CL A
NASDAQ:GTLB (2/4/2025, 8:00:01 PM)
Premarket: 70.73 -0.71 (-0.99%)71.44
+0.72 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.02%
1 Week-1.8%
2 Weeks9.79%
1 Month19.54%
3 Month18.08%
6 Month71.32%
12 Month-7.94%
2 Year62.22%
3 Year22.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.14
ATR(20)%4.43%
ATR Inc-13.59%
Range Today2.22
ADR(20)2.81
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.43
Mansfield1.7
10 Day High74.18
10 Day Low62.49
20 Day High74.18
20 Day Low56.94
52 Week High76.69
52 Week Low40.72
CS1 End69.38
CR1 StartN/A
Volume & EV
DER(3)1.03%
DER(5)-0.41%
Volume2.27M
Volume Incr33.05%
Vol(5)3.57M
Vol(50)3.22M