GITLAB INC-CL A (GTLB) Stock Technical Analysis
NASDAQ:GTLB - Nasdaq - US37637K1088 - Common Stock - Currency: USD
Taking everything into account, GTLB scores 0 out of 10 in our technical rating. GTLB'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.
71% of all other stocks performed better in the past year than GTLB.
In the last month GTLB has a been trading in the 53.55 - 72.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GTLB has an average volume of 2915330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GTLB is an average performer in the Software industry, it outperforms 54% of 283 stocks in the same industry.
GTLB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of GTLB is bad and it also does not present a quality setup 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
73.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 55.66 to 56.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.06 from a trend line in the weekly time frame.
- Support @42.24 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 56.39 to 56.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 59.98 to 60.18. 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 62.46 to 62.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.95 from a trend line in the daily time frame.
- Resistance @72.29 from a trend 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
CRS29.22
Mansfield-0.12
10 Day High64.42
10 Day Low53.55
20 Day High72.7
20 Day Low53.55
52 Week High74.18
52 Week Low40.72
Performance
1 Week-6.36%
2 Weeks-12.07%
1 Month-21.09%
3 Month-16.09%
6 Month6.2%
12 Month-2.29%
2 Year64.42%
3 Year3.54%
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)-0.97
RSI(14)37.34
LBB53.49
UBB71.18
56.38
-1.87 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.21%
1 Week-6.36%
2 Weeks-12.07%
1 Month-21.09%
3 Month-16.09%
6 Month6.2%
12 Month-2.29%
2 Year64.42%
3 Year3.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.04
ATR(20)%6.62%
ATR Inc-8.12%
Range Today3.51
ADR(20)3.64
ADR(20)%6.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.22
Mansfield-0.12
10 Day High64.42
10 Day Low53.55
20 Day High72.7
20 Day Low53.55
52 Week High74.18
52 Week Low40.72
CS1 End56.37
CR1 Start56.39
Volume & EV
DER(3)-0.89%
DER(5)-0.76%
Volume2.72M
Volume Incr111.14%
Vol(5)5.40M
Vol(50)2.92M