Technical Analysis for GAB - Gabelli Equity Trust, Inc. (The)

Grade Last Price % Change Price Change
A 6.85 0.15% 0.01
GAB closed up 0.15 percent on Monday, March 8, 2021, on 1.34 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical GAB trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.15%
Upper Bollinger Band Walk Strength 0.15%
Inside Day Range Contraction 0.15%
Overbought Stochastic Strength 0.15%
Stochastic Sell Signal Bearish 0.88%
Slingshot Bullish Bullish Swing Setup 0.88%
Older End-of-Day Signals for GAB ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
5x Volume Pace about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
New 52 Week High about 19 hours ago
3x Volume Pace about 19 hours ago
2x Volume Pace about 19 hours ago
View Earlier Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Gabelli Equity Trust, Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund primarily invests growth oriented value stocks. It benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Gabelli Equity Trust, Inc. was formed on August 21, 1986 and is domiciled in the United States.
Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Stock Fund Nasdaq Composite Index Dow Jones Industrial Average Index Mario Gabelli Dow Jones Industrial Average Gamco Investors Value Investing Nasdaq Composite

Is GAB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.9
52 Week Low 2.89
Average Volume 604,029
200-Day Moving Average 5.69
50-Day Moving Average 6.41
20-Day Moving Average 6.59
10-Day Moving Average 6.73
Average True Range 0.11
ADX 15.53
+DI 25.82
-DI 18.72
Chandelier Exit (Long, 3 ATRs ) 6.57
Chandelier Exit (Short, 3 ATRs ) 6.69
Upper Bollinger Band 6.91
Lower Bollinger Band 6.26
Percent B (%b) 0.91
BandWidth 9.82
MACD Line 0.13
MACD Signal Line 0.10
MACD Histogram 0.0262
Fundamentals Value
Market Cap 1.51 Billion
Num Shares 220 Million
EPS 0.75
Price-to-Earnings (P/E) Ratio 9.13
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.03
Resistance 3 (R3) 7.03 6.96 7.00
Resistance 2 (R2) 6.96 6.92 6.97 6.99
Resistance 1 (R1) 6.91 6.89 6.88 6.91 6.98
Pivot Point 6.84 6.84 6.83 6.85 6.84
Support 1 (S1) 6.79 6.80 6.76 6.79 6.72
Support 2 (S2) 6.72 6.77 6.73 6.71
Support 3 (S3) 6.67 6.72 6.70
Support 4 (S4) 6.67