The Greedy Trader Weekly Analysis
Sign In Aug 7, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 7/31/2026 -
Sign In to see current Signals.

Gartner Inc (IT) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineStochastic signal line moved above oversold area
Daily :The price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a third consecutive positive week for the Gartner Inc (IT). During the week, the IT gained 10.52 points, or 7.49%, and closed at 151.02 on Friday, July 31, 2026. It was the best weekly gain since May 22, 2026. Weekly volume was 7% above average.

Long-term trend: [See IT long-term trend chart]
A long-term downtrend had started on February 4, 2025 at 584.00 and reached 124.25 on June 22, 2026. IT lost 459.75 points, or 78.72%, in 71 weeks. The price is now at the 5.82% retracement level.

Medium-term trend: [See IT medium-term trend chart]
A medium-term downtrend had started on June 1, 2026 at 180.45 and reached 124.25 on June 22, 2026. IT lost 56.20 points, or 31.14%, in 3 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (130.02) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.

Weekly Technical Indicators: [See IT weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since April 2, 2026. 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 July 23, 2026 at 128.78 and reached 167.47 on July 29, 2026. IT gained -38.69 points, or -30.04%, in 6 days. The price is now at the 42.52% retracement level.

Daily Technical Indicators: [See IT daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since July 2, 2026. This is an indication that the short-term trend is up.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.15
Williams' Percentage Range (W%R) 48.80
Lane's Stochastic (%D-Slow) 77.24
Greed/Fear Indicator (GFI) 61.53
Moving Average Converg./Diverg. (MACD) 0.75
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.21
Williams' Percentage Range (W%R) 56.70
Lane's Stochastic (%D-Slow) 27.32
Greed/Fear Indicator (GFI) 40.31
Moving Average Converg./Diverg. (MACD) -23.43
Trading Signals
Description Value Chart
Upper Bollinger Band 161.91
Daily Stochastic Crossing 158.06
Price 151.02
50 Day Moving Average 145.57
20 Day Moving Average 141.13
Weekly Stochastic Crossing 138.39
Parabolic System 136.26
Quarterly Trendline Resistance 134.14
Quarterly Trendline Support 130.02
Lower Bollinger Band 126.04
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry IT Consulting & Other Services 20
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 167.47
High Date 07/29/2026
Low 147.45
Low Date 07/31/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 128.78
Low Date 07/23/2026
High 167.47
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 124.25
Low Date 06/22/2026
High 167.47
High Date 07/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 134.14
Support 130.02
High 180.45
High Date 06/01/2026
Low 124.25
Low Date 06/22/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 584.00
High Date 02/04/2025
Low 124.25
Low Date 06/22/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.