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

Grade Last Price % Change Price Change
grade C 4.61 0.00% 0.00
GGN closed unchanged on Friday, July 19, 2019, on 1.13 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
20 DMA Support Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%

Older signals for GGN ...

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.
Configure default chart indicators
Basic chart:
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: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.1
52 Week Low 3.51
Average Volume 939,311
200-Day Moving Average 4.2705
50-Day Moving Average 4.4788
20-Day Moving Average 4.597
10-Day Moving Average 4.614
Average True Range 0.0539
ADX 36.11
+DI 28.4807
-DI 15.577
Chandelier Exit (Long, 3 ATRs ) 4.5783
Chandelier Exit (Short, 3 ATRs ) 4.6017
Upper Bollinger Band 4.659
Lower Bollinger Band 4.535
Percent B (%b) 0.6
BandWidth 2.697411
MACD Line 0.0422
MACD Signal Line 0.0468
MACD Histogram -0.0047
Fundamentals Value
Market Cap 619.88 Million
Num Shares 134 Million
EPS 0.93
Price-to-Earnings (P/E) Ratio 4.96
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.60
Dividend Yield 13.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.66
Resistance 3 (R3) 4.66 4.64 4.65
Resistance 2 (R2) 4.64 4.62 4.64 4.65
Resistance 1 (R1) 4.62 4.62 4.63 4.63 4.65
Pivot Point 4.60 4.60 4.60 4.60 4.60
Support 1 (S1) 4.59 4.59 4.59 4.59 4.57
Support 2 (S2) 4.57 4.58 4.57 4.57
Support 3 (S3) 4.55 4.57 4.57
Support 4 (S4) 4.56