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

Grade Last Price % Change Price Change
grade C 8.12 1.63% 0.13
GGT closed up 1.63 percent on Thursday, January 17, 2019, on 89 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. 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 Down Up Up
See historical GGT trend table...

Date Alert Name Type % Chg
Jan 17 Crossed Above 50 DMA Bullish 0.00%
Jan 17 MACD Bullish Centerline Cross Bullish 0.00%
Jan 17 Narrow Range Bar Range Contraction 0.00%
Jan 17 NR7 Range Contraction 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 17 Up 3 Days in a Row Strength 0.00%
Jan 16 50 DMA Resistance Bearish 1.63%
Jan 16 Stochastic Reached Overbought Strength 1.63%
Jan 16 Overbought Stochastic Strength 1.63%
Jan 14 Overbought Stochastic Strength 6.01%

Older signals for GGT ...

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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.
Is GGT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.09
52 Week Low 6.9
Average Volume 72,284
200-Day Moving Average 8.8173
50-Day Moving Average 7.996
20-Day Moving Average 7.4535
10-Day Moving Average 7.734
Average True Range 0.2235
ADX 21.48
+DI 33.9518
-DI 22.9433
Chandelier Exit (Long, 3 ATRs ) 7.619499999999999
Chandelier Exit (Short, 3 ATRs ) 7.5705
Upper Bollinger Band 8.18
Lower Bollinger Band 6.727
Percent B (%b) 0.96
BandWidth 19.494197
MACD Line 0.0025
MACD Signal Line -0.1165
MACD Histogram 0.119
Fundamentals Value
Market Cap 197.15 Million
Num Shares 24.3 Million
EPS 0.60
Price-to-Earnings (P/E) Ratio 13.53
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) 8.29
Resistance 3 (R3) 8.27 8.19 8.26
Resistance 2 (R2) 8.19 8.15 8.20 8.25
Resistance 1 (R1) 8.16 8.13 8.18 8.18 8.24
Pivot Point 8.08 8.08 8.09 8.09 8.08
Support 1 (S1) 8.05 8.04 8.07 8.07 8.00
Support 2 (S2) 7.97 8.02 7.98 7.99
Support 3 (S3) 7.94 7.97 7.98
Support 4 (S4) 7.96