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

Grade Last Price % Change Price Change
grade A 4.38 0.46% 0.02
GGN closed up 0.46 percent on Monday, May 20, 2019, on 1.34 times normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

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 Companies Listed On The New York Stock Exchange 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 5.21
52 Week Low 3.51
Average Volume 565,838
200-Day Moving Average 4.3422
50-Day Moving Average 4.335
20-Day Moving Average 4.3435
10-Day Moving Average 4.347
Average True Range 0.0577
ADX 16.08
+DI 12.435
-DI 17.0626
Chandelier Exit (Long, 3 ATRs ) 4.2169
Chandelier Exit (Short, 3 ATRs ) 4.4231
Upper Bollinger Band 4.3816
Lower Bollinger Band 4.3054
Percent B (%b) 0.98
BandWidth 1.754346
MACD Line 0.0078
MACD Signal Line 0.004
MACD Histogram 0.0037
Fundamentals Value
Market Cap 588.95 Million
Num Shares 134 Million
EPS 0.93
Price-to-Earnings (P/E) Ratio 4.71
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.60
Dividend Yield 13.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.47
Resistance 3 (R3) 4.46 4.43 4.45
Resistance 2 (R2) 4.43 4.40 4.43 4.45
Resistance 1 (R1) 4.40 4.39 4.41 4.41 4.44
Pivot Point 4.37 4.37 4.37 4.37 4.37
Support 1 (S1) 4.34 4.34 4.36 4.35 4.32
Support 2 (S2) 4.31 4.33 4.31 4.31
Support 3 (S3) 4.29 4.31 4.31
Support 4 (S4) 4.29