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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
GitLab Inc. (NASDAQ:GTLB)
Long-Term Downtrend (-90) - GTLB is in a strong downtrend that is likely to continue. While GTLB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GTLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GTLB
The long-term trend has been DOWN since Apr 16th, 2024 at 53.10
The intermediate-term trend has been DOWN since Feb 21st, 2024 at 68.05
The short-term trend has been DOWN since May 8th, 2024 at 52.90
Smart Scan Analysis for GTLB
Based on our trend formula, GTLB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.86 | 53.54 | 51.89 | 52.91 | -0.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.94 | 1672943 | 2024-05-08 15:59:44 |
| 52wk High | 78.5299 | 52wk High Date | 2024-02-09 |
| 52wk Low | 28.39 | 52wk Low Date | 2023-05-12 |
| Average Volume | 1,622,013 | Shares Outstanding | 180,800 |
| Assets | 131,786,100M | Liabilities | 746,687,000M |
| P/E Ratio | -23.02560000 |