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

Grade Last Price % Change Price Change
grade B 6.1 0.49% 0.03
GAB closed up 0.49 percent on Friday, May 24, 2019, on 1.73 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Flat
See historical GAB trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Cup with Handle Other 0.00%
Outside Day Range Expansion 0.00%
200 DMA Support Bullish 0.49%
Hammer Candlestick Bullish 0.49%
Cup with Handle Other 0.49%
NR7 Range Contraction 0.49%
Gapped Down Weakness 0.49%
20 DMA Resistance Bearish -0.16%
50 DMA Resistance Bearish -0.16%

Older signals for GAB ...

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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
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 6.64
52 Week Low 4.75
Average Volume 556,296
200-Day Moving Average 6.0573
50-Day Moving Average 6.161
20-Day Moving Average 6.154
10-Day Moving Average 6.091
Average True Range 0.0881
ADX 19.08
+DI 17.1579
-DI 26.4149
Chandelier Exit (Long, 3 ATRs ) 6.0357
Chandelier Exit (Short, 3 ATRs ) 6.2043
Upper Bollinger Band 6.3026
Lower Bollinger Band 6.0054
Percent B (%b) 0.32
BandWidth 4.829379
MACD Line -0.0237
MACD Signal Line -0.0166
MACD Histogram -0.0071
Fundamentals Value
Market Cap 1.34 Billion
Num Shares 220 Million
EPS 0.75
Price-to-Earnings (P/E) Ratio 8.13
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) 6.24
Resistance 3 (R3) 6.22 6.17 6.21
Resistance 2 (R2) 6.17 6.13 6.17 6.20
Resistance 1 (R1) 6.13 6.11 6.15 6.15 6.20
Pivot Point 6.08 6.08 6.09 6.08 6.08
Support 1 (S1) 6.04 6.04 6.06 6.06 6.00
Support 2 (S2) 5.99 6.02 5.99 6.00
Support 3 (S3) 5.95 5.99 5.99
Support 4 (S4) 5.97