Technical Analysis for GDL - GDL Fund, The

Grade Last Price % Change Price Change
C 8.08 -0.25% -0.02
GDL closed down 0.25 percent on Wednesday, November 20, 2024, on 11 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Doji - Bullish? Reversal 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -0.25%
Oversold Stochastic Weakness -0.25%
50 DMA Resistance Bearish -0.12%
Oversold Stochastic Weakness -0.12%
Fell Below 50 DMA Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 1 day ago
Possible NR7 3 days ago
50 DMA Resistance 6 days ago
Possible NR7 6 days ago
Fell Below 50 DMA 6 days ago

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Profile

GDL Fund, The Description

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund considers factors such as the probability that the targeted acquisition or other transaction will close, the length of time to closing, the liquidity of the securities involved in the transaction, and the issuer's free cash flow and long-term earnings trends for making investments. It benchmarks the performance of its investments against the S&P 500 Index and 3 Month U.S. Treasury Bill Index. The fund was formerly known as Gabelli Global Deal Fund. The GDL Fund was founded on October 17, 2006 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Stock Fund U.S. Treasury S&P 500 Index CBOE Mario Gabelli Gamco Investors Free Cash Flow Leveraged Buyout

Is GDL 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 8.29
52 Week Low 7.352
Average Volume 6,777
200-Day Moving Average 7.81
50-Day Moving Average 8.13
20-Day Moving Average 8.15
10-Day Moving Average 8.14
Average True Range 0.05
RSI (14) 42.20
ADX 9.68
+DI 25.60
-DI 24.36
Chandelier Exit (Long, 3 ATRs) 8.14
Chandelier Exit (Short, 3 ATRs) 8.23
Upper Bollinger Bands 8.24
Lower Bollinger Band 8.06
Percent B (%b) 0.12
BandWidth 2.22
MACD Line -0.01
MACD Signal Line 0.01
MACD Histogram -0.014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.17
Resistance 3 (R3) 8.18 8.16 8.16
Resistance 2 (R2) 8.16 8.14 8.16 8.15
Resistance 1 (R1) 8.12 8.12 8.11 8.11 8.14
Pivot Point 8.10 8.10 8.10 8.10 8.10
Support 1 (S1) 8.06 8.08 8.05 8.05 8.02
Support 2 (S2) 8.04 8.06 8.04 8.01
Support 3 (S3) 8.00 8.04 8.01
Support 4 (S4) 7.99