GITLAB INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	GTLB
ISIN:

GITLAB INC. - Daily - Technical analysis published on 10/29/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 51.43 USD

My targets

55.90 USD (+1.86%)

59.70 USD (+8.78%)

My analysis

GITLAB INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 51.43 USD. The next resistance located at 55.90 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 59.70 USD. After this resistance, buyers could then target 70.86 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GITLAB INC. rating is 54.88 USD. The price registered an increase of +1.86% on the session with the lowest point at 53.59 USD and the highest point at 55.73 USD. The deviation from the price is +2.41% for the low point and -1.53% for the high point.

53.59

55.73

54.88

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GITLAB INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	41.11	48.65	51.43	54.88	55.90	59.70	70.86
Change (%)	-25.09%	-11.35%	-6.29%	-	+1.86%	+8.78%	+29.12%
Change	-13.77	-6.23	-3.45	-	+1.02	+4.82	+15.98
Level	Major	Major	Intermediate	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.57	52.64	53.26	54.33	54.95	56.02	56.64
Camarilla	53.42	53.57	53.73	53.88	54.04	54.19	54.35
Woodie	51.35	52.53	53.04	54.22	54.73	55.91	56.42
Fibonacci	52.64	53.29	53.68	54.33	54.98	55.37	56.02

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.95	49.69	52.41	55.15	57.87	60.61	63.33
Camarilla	53.62	54.12	54.62	55.12	55.62	56.12	56.62
Woodie	46.93	49.69	52.39	55.15	57.85	60.61	63.31
Fibonacci	49.69	51.78	53.07	55.15	57.24	58.53	60.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.66	38.58	45.06	50.98	57.46	63.38	69.86
Camarilla	48.13	49.27	50.40	51.54	52.68	53.81	54.95
Woodie	32.94	38.72	45.34	51.12	57.74	63.52	70.14
Fibonacci	38.58	43.32	46.24	50.98	55.72	58.64	63.38

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	55.68
MACD (12,26,9):	0.9100
Directional Movement:	7.82
AROON (14):	57.14
DEMA (21):	55.01
Parabolic SAR (0,02-0,02-0,2):	53.48
Elder Ray (13):	0.41
Super Trend (3,10):	50.91
Zig ZAG (10):	54.78
VORTEX (21):	1.0000
Stochastique (14,3,5):	48.57
TEMA (21):	55.16
Williams %R (14):	-56.04
Chande Momentum Oscillator (20):	0.11
Repulse (5,40,3):	-2.0600
ROCnROLL:	1
TRIX (15,9):	0.2600
Courbe Coppock:	12.03

MA7:	54.70
MA20:	53.39
MA50:	51.88
MA100:	49.92
MAexp7:	54.61
MAexp20:	53.79
MAexp50:	52.29
MAexp100:	51.82
Price / MA7:	+0.33%
Price / MA20:	+2.79%
Price / MA50:	+5.78%
Price / MA100:	+9.94%
Price / MAexp7:	+0.49%
Price / MAexp20:	+2.03%
Price / MAexp50:	+4.95%
Price / MAexp100:	+5.91%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on GITLAB INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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GITLAB INC. - Daily - Technical analysis published on 10/29/2024 (GMT)

Summary of the analysis

Additional analysis

Quotes

Technical

Numerical data

News

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