Technical Analysis for GGN - GAMCO Global Gold, Natural Resources & Income Trust by Gabelli

Grade Last Price % Change Price Change
grade D 4.3 -0.69% -0.03
GGN closed down 0.69 percent on Monday, October 14, 2019, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Flat
See historical GGN trend table...

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -0.69%
Oversold Stochastic Weakness -0.23%
1,2,3 Retracement Bearish Bearish Swing Setup -0.46%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.46%
Narrow Range Bar Range Contraction -0.46%
Oversold Stochastic Weakness -0.46%
Narrow Range Bar Range Contraction -0.23%

Older signals for GGN ...

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Profile
GAMCO Global Gold, Natural Resources & Income Trust by Gabelli is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund uses call options to invest in stocks of companies operating in gold and natural resources industries including companies in exploration, mining, fabrication, processing, distribution or trading of gold, financing, managing, controlling or operating of companies engaged in gold-related activities. It also invests in companies principally engaged in the exploration, production or distribution of natural resources, such as gas, oil, paper, food and agriculture, forestry products, metals and minerals as well as related transportation companies and equipment manufacturers. The fund benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Amex Energy Select Sector Index, and the Lehman Brothers Government/Corporate Bond Index. The fund was formerly known as Gabelli Global Gold, Natural Resources and Income Trust. GAMCO Global Gold, Natural Resources & Income Trust by Gabelli was formed on January 4, 2005 and is domiciled in United States.
Transportation Stock Fund Mining Food Oil S&P 500 Index Cboe Closed End Fund Income Trust Investment Companies Mario Gabelli Gamco Investors Leisure Goods Index Forestry Products Lehman Brothers Government
Is GGN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.74
52 Week Low 3.51
Average Volume 933,534
200-Day Moving Average 4.3563
50-Day Moving Average 4.4011
20-Day Moving Average 4.355
10-Day Moving Average 4.311
Average True Range 0.042
ADX 31.71
+DI 12.9016
-DI 26.959
Chandelier Exit (Long, 3 ATRs ) 4.344
Chandelier Exit (Short, 3 ATRs ) 4.406
Upper Bollinger Band 4.4535
Lower Bollinger Band 4.2565
Percent B (%b) 0.22
BandWidth 4.523536
MACD Line -0.0323
MACD Signal Line -0.0307
MACD Histogram -0.0016
Fundamentals Value
Market Cap 578.19 Million
Num Shares 134 Million
EPS 0.93
Price-to-Earnings (P/E) Ratio 4.62
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.60
Dividend Yield 13.95%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.36
Resistance 3 (R3) 4.36 4.35 4.35
Resistance 2 (R2) 4.35 4.33 4.35 4.35
Resistance 1 (R1) 4.32 4.32 4.32 4.32 4.34
Pivot Point 4.31 4.31 4.30 4.31 4.31
Support 1 (S1) 4.28 4.29 4.28 4.28 4.26
Support 2 (S2) 4.27 4.28 4.27 4.25
Support 3 (S3) 4.24 4.27 4.25
Support 4 (S4) 4.24