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

Grade Last Price % Change Price Change
grade B 4.02 -0.74% -0.03
GGN closed down 0.74 percent on Tuesday, January 15, 2019, on 78 percent of normal volume. It was able to find support at its 50 day moving average. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

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

Date Alert Name Type % Chg
Jan 15 50 DMA Support Bullish 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 15 Down 3 Days in a Row Weakness 0.00%
Jan 14 Overbought Stochastic Strength -0.74%
Jan 11 Overbought Stochastic Strength -1.23%
Jan 10 MACD Bullish Centerline Cross Bullish -1.95%
Jan 10 Overbought Stochastic Strength -1.95%
Jan 10 Up 3 Days in a Row Strength -1.95%
Jan 10 Up 4 Days in a Row Strength -1.95%
Jan 10 Up 5 Days in a Row Strength -1.95%

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.
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, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.5
52 Week Low 3.51
Average Volume 869,494
200-Day Moving Average 4.6807
50-Day Moving Average 3.9606
20-Day Moving Average 3.842
10-Day Moving Average 3.999
Average True Range 0.095
ADX 29.78
+DI 26.3641
-DI 21.0883
Chandelier Exit (Long, 3 ATRs ) 3.855
Chandelier Exit (Short, 3 ATRs ) 3.795
Upper Bollinger Band 4.1962
Lower Bollinger Band 3.4878
Percent B (%b) 0.75
BandWidth 18.438313
MACD Line 0.0337
MACD Signal Line -0.0076
MACD Histogram 0.0413
Fundamentals Value
Market Cap 540.54 Million
Num Shares 134 Million
EPS 0.93
Price-to-Earnings (P/E) Ratio 4.32
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.60
Dividend Yield 14.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.19
Resistance 3 (R3) 4.18 4.11 4.16
Resistance 2 (R2) 4.11 4.07 4.12 4.15
Resistance 1 (R1) 4.07 4.05 4.09 4.08 4.14
Pivot Point 4.00 4.00 4.02 4.01 4.00
Support 1 (S1) 3.96 3.96 3.98 3.97 3.90
Support 2 (S2) 3.89 3.94 3.90 3.89
Support 3 (S3) 3.85 3.89 3.88
Support 4 (S4) 3.86