37.87 USD
-0.23 (-0.6%)
38.24 USD
+0.37 (+0.98%)
We assign a technical rating of 0 out of 10 to GTLB. GTLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GTLB is a bad performer in the overall market: 90% of all stocks are doing better.
GTLB is part of the Software industry. There are 280 other stocks in this industry, of which 65% are performing better than GTLB.
GTLB 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.
In the last month GTLB has a been trading in the 35.81 - 44.72 range, which is quite wide. It is currently trading near the lows of this range.
GTLB has an average volume of 4452690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GTLB has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
36.97
50.93
When analyzing the support we notice one important area.
- A support zone ranging from 37.34 to 37.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 38.82 to 40.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.89 from a trend line in the daily time frame.
- A resistance zone ranging from 43.38 to 44.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.20 from a trend line in the weekly time frame.
- Resistance @50.43 from a horizontal line in the daily time frame.
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 GTLB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTLB is down. |
| ChartMill Relative Strength | 10.55 | NEGATIVE | GTLB has a low relative strength, it was outperformed by 89.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.04 | NEUTRAL | The RSI value for GTLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GTLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.31 | NEUTRAL | The Stochastics value for GTLB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for GTLB suggests high volalility. |
| Average Directional Index/ADX (14) | 22.73 | NEUTRAL | The ADX value for GTLB suggests a possible start of a new 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)
37.87
-0.23 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.6%
1 Week-6.49%
2 Weeks0.11%
1 Month-14.46%
3 Month-24.56%
6 Month-7.09%
12 Month-36.7%
2 Year-39.85%
3 Year-16.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.07
ATR(20)%5.12%
ATR Inc-48.16%
Range Today1.18
ADR(20)1.63
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
CRS10.55
3 months CRS13.1
6 months CRS21.88
Mansfield-2.98
10 Day High41.55
10 Day Low36.72
20 Day High44.72
20 Day Low35.81
52 Week High74.18
52 Week Low35.81
CS1 End37.34
CR1 Start38.82
Volume & EV
DER(3)-3.68%
DER(5)-5.3%
Volume3.69M
Volume Incr-39.98%
Vol(5)3.29M
Vol(50)4.45M
GITLAB INC-CL A / GTLB FAQ
What is the ChartMill technical rating of GITLAB INC-CL A (GTLB) stock?
ChartMill assigns a technical rating of 0 / 10 to GTLB.
Can you provide the trend direction for GITLAB INC-CL A?
The current trend direction for GITLAB INC-CL A (GTLB) is Bearish.
What is the RSI signal for GTLB stock?
GITLAB INC-CL A (GTLB) has an RSI value of 37.0385. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GITLAB INC-CL A?
The MACD indicator for GITLAB INC-CL A (GTLB) has a value of 0.0244299, indicating a bearish trend.
What is the short term momentum for GTLB stock?
The short term momentum for GITLAB INC-CL A (GTLB) is negative.