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Downtrend ExhaustionArchive
- 4/25/2025 -
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Gartner Inc (IT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third positive week after 5 consecutive negative weeks for the Gartner Inc (IT). During the week, the IT gained 14.44 points, or 3.60%, and closed at 416.09 on Friday, April 25, 2025. Weekly volume was 18% above average.
IT is a member of Information Technology Sector. Information Technology is the most oversold 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 398.51 and resistance is at 587.17. 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 downtrend had started on February 4, 2025 at 584.00 and reached 366.10 on April 7, 2025. IT lost 217.90 points, or 37.31%, in 8 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See IT weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since February 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 21, 2025 at 386.66 and reached 420.20 on April 23, 2025. IT gained -33.54 points, or -8.67%, in 2 days. The price is now at the 12.25% 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 April 10, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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