Technical Analysis for GGT - Gabelli Multi-Media Trust, Inc. (The)

Grade Last Price % Change Price Change
grade C 7.56 -4.79% -0.38
GGT closed down 4.79 percent on Thursday, February 27, 2020, on 2.53 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical GGT trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -4.79%

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Profile

Gabelli Multimedia Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It seeks to invest in stocks of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in emerging technological advances in interactive services and products. the fund was formerly known as Gabelli Global Multimedia Trust Inc. Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States.
Telecommunications Stock Fund Closed End Fund Investment Companies Mario Gabelli Gamco Investors

Is GGT 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 8.81
52 Week Low 7.5
Average Volume 88,563
200-Day Moving Average 8.18
50-Day Moving Average 8.11
20-Day Moving Average 8.13
10-Day Moving Average 8.13
Average True Range 0.14
ADX 19.97
+DI 11.45
-DI 43.39
Chandelier Exit (Long, 3 ATRs ) 7.94
Chandelier Exit (Short, 3 ATRs ) 7.93
Upper Bollinger Band 8.49
Lower Bollinger Band 7.77
Percent B (%b) -0.29
BandWidth 8.81
MACD Line -0.05
MACD Signal Line 0.01
MACD Histogram -0.0604
Fundamentals Value
Market Cap 183.55 Million
Num Shares 24.3 Million
EPS 0.60
Price-to-Earnings (P/E) Ratio 12.60
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.07
Resistance 3 (R3) 8.11 7.97 7.99
Resistance 2 (R2) 7.97 7.84 7.96 7.96
Resistance 1 (R1) 7.77 7.76 7.70 7.73 7.93
Pivot Point 7.63 7.63 7.60 7.62 7.63
Support 1 (S1) 7.43 7.50 7.36 7.39 7.19
Support 2 (S2) 7.29 7.42 7.28 7.16
Support 3 (S3) 7.09 7.29 7.14
Support 4 (S4) 7.05