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Advanced TA SearchArchive - 3/15/2024 - Sign In to see current Signals. |
Gartner Inc (IT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Gartner Inc (IT). During the week, the IT gained 7.41 points, or 1.60%, and closed at 470.97 on Friday, March 15, 2024. Weekly volume was -34% below average. IT is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See IT long-term trend chart] A long-term uptrend had started on June 24, 2020 at 114.83 and reached 479.00 on March 14, 2024. IT gained -364.17 points, or -317.14%, in 194 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (338.91) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See IT medium-term trend chart] A medium-term uptrend had started on October 27, 2023 at 323.61 and reached 479.00 on March 14, 2024. IT gained -155.39 points, or -48.02%, in 19 weeks. The price is now at the 5.17% retracement level. Weekly Technical Indicators: [See IT weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is below its signal line since March 1, 2024. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help. Short-term trend: [See IT short-term trend chart] A short-term uptrend had started on February 6, 2024 at 431.00 and reached 479.00 on March 14, 2024. IT gained -48.00 points, or -11.14%, in 37 days. The chart has formed a Rising Wedge chart pattern. Daily Technical Indicators: [See IT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since February 26, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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