GITLAB INC-CL A (GTLB)

US37637K1088 - Common Stock

66.62  +1.82 (+2.81%)

After market: 66.85 +0.23 (+0.35%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GTLB. Both in the recent history as in the last year, GTLB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GTLB is one of the better performing stocks in the market, outperforming 89% of all stocks.
GTLB is one of the better performing stocks in the Software industry, it outperforms 73% of 280 stocks in the same industry.
In the last month GTLB has a been trading in the 53.28 - 66.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GTLB has an average volume of 1565060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GTLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GTLB is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GTLB Weekly chart
GTLB Daily chart
Setup Rating and Analysis

2

Although GTLB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

41.82

67.29

When analyzing the support we can see 6 important areas.

  • Support @62.65 from a trend line in the daily time frame.
  • A support zone ranging from 59.23 to 59.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 55.32 to 56.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @53.42 from a horizontal line in the daily time frame.
  • Support @44.88 from a trend line in the weekly time frame.
  • Support @42.24 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.18
Mansfield0.41
10 Day High66.8
10 Day Low58.18
20 Day High66.8
20 Day Low53.28
52 Week High78.53
52 Week Low40.72
Performance
1 Week11.27%
2 Weeks10.12%
1 Month20.86%
3 Month41.81%
6 Month20.75%
12 Month41.59%
2 Year68.45%
3 Year-30.99%
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)0.49
RSI(14)76.3
LBB56.48
UBB65.64
GTLB Daily chart

GITLAB INC-CL A

NASDAQ:GTLB (11/22/2024, 8:00:00 PM)

After market: 66.85 +0.23 (+0.35%)

66.62

+1.82 (+2.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.81%
1 Week11.27%
2 Weeks10.12%
1 Month20.86%
3 Month41.81%
6 Month20.75%
12 Month41.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.7
ATR(20)%3.81%
ATR Inc
Range Today2.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High66.8
10 Day Low58.18
20 Day High66.8
20 Day Low53.28
52 Week High78.53
52 Week Low40.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.31M
Volume Incr54.85%
Vol(5)2.36M
Vol(50)1.57M