When the Price of Gartner IT Talks, People Listen
February 08, 2023, 06:45 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IT
- Buy IT slightly over 322.36 target 356.82 stop loss @ 321.43 Details
The technical summary data tells us to buy IT near 322.36 with an upside target of 356.82. This data also tells us to set a stop loss @ 321.43 to protect against excessive loss in case the stock begins to move against the trade. 322.36 is the first level of support below 352.89 , and by rule, any test of support is a buy signal. In this case, support 322.36 is being tested, a buy signal would exist.
- Short IT slightly under 356.82, target 322.36, stop loss @ 357.85 Details
The technical summary data is suggesting a short of IT as it gets near 356.82 with a downside target of 322.36. We should have a stop loss in place at 357.85though. 356.82 is the first level of resistance above 352.89, and by rule, any test of resistance is a short signal. In this case, if resistance 356.82 is being tested, a short signal would exist.
Swing Trading Plans for IT
- Buy IT slightly over 356.82, target n/a, Stop Loss @ 355.79 Details
If 356.82 begins to break higher, the technical summary data tells us to buy IT just slightly over 356.82, with an upside target of n/a. The data also tells us to set a stop loss @ 355.79 in case the stock turns against the trade. 356.82 is the first level of resistance above 352.89, and by rule, any break above resistance is a buy signal. In this case, 356.82, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short IT slightly near 356.82, target 349.35, Stop Loss @ 357.85. Details
The technical summary data is suggesting a short of IT if it tests 356.82 with a downside target of 349.35. We should have a stop loss in place at 357.85 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 356.82, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for IT
- Buy IT slightly over 353.49, target 356.82, Stop Loss @ 352.67 Details
If 353.49 begins to break higher, the technical summary data tells us to buy IT just slightly over 353.49, with an upside target of 356.82. The data also tells us to set a stop loss @ 352.67 in case the stock turns against the trade. 353.49 is the first level of resistance above 352.89, and by rule, any break above resistance is a buy signal. In this case, 353.49, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short IT slightly near 353.49, target 349.35, Stop Loss @ 354.31. Details
The technical summary data is suggesting a short of IT if it tests 353.49 with a downside target of 349.35. We should have a stop loss in place at 354.31 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 353.49, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Gartner (IT) available here: IT.
IT Ratings for February 08:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Strong |
P1 |
0 |
0 |
287.41 |
P2 |
344.60 |
336.64 |
322.36 |
P3 |
353.49 |
349.35 |
356.82 |
AI Generated Signals for IT
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Gartner (NYSE: IT) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for IT can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for IT: