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Archive - 6/6/2025 - 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 the negative week for the Gartner Inc (IT). During the week, the IT dropped -13.87 points, or -3.18%, and closed at 422.55 on Friday, June 6, 2025. It was the worst weekly loss since April 4, 2025. Weekly volume was 54% above average. IT is a member of Information Technology Sector. Information Technology is the 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 584.00 on February 4, 2025. IT gained -469.17 points, or -408.58%, in 240 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 405.43 and resistance is at 594.09. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See IT medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 366.10 and reached 451.73 on May 13, 2025. IT gained -85.63 points, or -23.39%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (454.88) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. IT may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.
Weekly Technical Indicators: [See IT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 7, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See IT short-term trend chart] A short-term downtrend had started on May 13, 2025 at 451.73 and reached 416.97 on June 6, 2025. IT lost 34.76 points, or 7.69%, in 24 days. The price is now at the 16.05% retracement level.
Daily Technical Indicators: [See IT daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help. The daily MACD line is below its signal line since May 27, 2025. This is an indication that the short-term trend is down. Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.
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