Gartner (IT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for IT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$185.79last close · Aug 4, 202652-week range $124.25 – $337.29 · 44.92% below the high

IT Falling Wedge Pattern

IT is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $177.87 (+15.4%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; IT's own falling wedges have hit 75.0%.

DirectionBullishTarget$177.87Projected move+15.4%Breakout level$155.69

New to this pattern? What a falling wedge is and how to trade it →

IT's Most Recent Falling Wedge Trade

IT's most recent completed falling wedge resolved as a win: it broke higher on May 18, 2026 near $156.58, then reached its target at $164.02 on Jun 5, 2026 — a +0.46R move (4.8%) over 13 sessions. Across 131 backtested falling wedges, this setup wins 58.0% of the time.

OutcomeWinResult+0.46REntry$156.58Exit$164.02

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
IT win rate
75.0%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

IT Pattern Trade History

Every completed pattern trade our nightly backtest found on IT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMay 18, 2026 @ $156.58Jun 5, 2026 @ $164.02Win+0.46R
TriangleApr 30, 2026 @ $147.02May 29, 2026 @ $162.20Loss-1.04R
TriangleApr 23, 2026 @ $149.47May 29, 2026 @ $162.20Loss-1.05R
TriangleApr 16, 2026 @ $155.74May 14, 2026 @ $140.65Loss-1.08R
TriangleSep 12, 2024 @ $500.96Nov 15, 2024 @ $522.86Win+0.50R
TriangleMar 20, 2024 @ $478.66Apr 30, 2024 @ $412.59Loss-1.60R
TriangleMar 12, 2024 @ $471.95Apr 30, 2024 @ $412.59Loss-1.72R
Falling WedgeMay 12, 2023 @ $308.14Jun 7, 2023 @ $339.44Win+2.46R
TriangleApr 19, 2023 @ $312.16May 18, 2023 @ $331.31Loss-1.71R
Falling WedgeJan 30, 2023 @ $334.68Feb 14, 2023 @ $342.21Win+0.54R
Bullish PennantJan 23, 2023 @ $336.80Mar 10, 2023 @ $314.33Loss-1.83R
TriangleOct 31, 2022 @ $303.06Dec 7, 2022 @ $342.55Win+1.52R

IT Support and Resistance Levels

Price found a floor near $123.24 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $488.82 — still about 163% away.

  • Traders commonly watch $488.82 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $123.24 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $126.56. These are chart/swing-derived levels, not formula pivots.

Support
$126.56

IT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$157.58$191.91$155.86$185.79
Aug 3, 2026$155.55$156.48$149.68$151.53
Jul 31, 2026$148.59$152.72$147.45$151.02
Jul 30, 2026$159.62$159.62$149.02$152.92
Jul 29, 2026$155.95$167.47$155.93$165.65
Jul 28, 2026$151.37$159.71$150.23$155.84
Jul 27, 2026$143.46$151.14$143.20$147.45
Jul 24, 2026$136.35$141.28$135.65$140.50
Jul 23, 2026$132.89$134.06$128.78$133.69
Jul 22, 2026$135.44$136.59$131.60$132.10

IT Frequently Asked Questions

What chart pattern is IT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Gartner (IT) on the daily chart, with a measured-move target of $177.87.
Is a falling wedge bullish or bearish?
The falling wedge detected on IT is a bullish pattern, projecting a measured-move target of $177.87. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for IT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), IT's nearest support is around $126.56 and nearest resistance around n/a.
What is the price target if IT's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $177.87 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was IT's closing price on Aug 4, 2026?
Gartner (IT) last closed at $185.79 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.