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

Grade Last Price % Change Price Change
grade C 6.02 0.00% 0.00
GAB closed unchanged on Wednesday, February 26, 2020, on 2.7 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Calm After Storm Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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.

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 6.32
52 Week Low 5.755
Average Volume 652,775
200-Day Moving Average 6.10
50-Day Moving Average 6.12
20-Day Moving Average 6.14
10-Day Moving Average 6.16
Average True Range 0.06
ADX 20.56
+DI 15.51
-DI 33.62
Chandelier Exit (Long, 3 ATRs ) 6.06
Chandelier Exit (Short, 3 ATRs ) 6.16
Upper Bollinger Band 6.28
Lower Bollinger Band 6.01
Percent B (%b) 0.05
BandWidth 4.39
MACD Line -0.01
MACD Signal Line 0.01
MACD Histogram -0.0174
Fundamentals Value
Market Cap 1.32 Billion
Num Shares 220 Million
EPS 0.75
Price-to-Earnings (P/E) Ratio 8.03
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) 6.17
Resistance 3 (R3) 6.18 6.14 6.15
Resistance 2 (R2) 6.14 6.10 6.14 6.14
Resistance 1 (R1) 6.08 6.08 6.11 6.07 6.13
Pivot Point 6.04 6.04 6.06 6.04 6.04
Support 1 (S1) 5.98 6.00 6.01 5.97 5.91
Support 2 (S2) 5.94 5.98 5.94 5.90
Support 3 (S3) 5.88 5.94 5.90
Support 4 (S4) 5.87