Technical Analysis for GLU - Gabelli Global Utility

Grade Last Price % Change Price Change
B 13.51 0.45% 0.06
GLU closed up 0.45 percent on Thursday, April 18, 2024, on 29 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Stochastic Buy Signal Bullish 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish 0.45%
Oversold Stochastic Weakness 0.45%
Gapped Up Strength 1.20%
Down 3 Days in a Row Weakness 1.20%
Down 4 Days in a Row Weakness 1.20%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 8 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Rose Above Previous Day's High about 11 hours ago
Rose Above 50 DMA about 11 hours ago
20 DMA Resistance about 11 hours ago

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Profile

Gabelli Global Utility Description

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of utility industry which include companies engaged in the business of products, services or equipment for the generation or distribution of electricity, and gas or water; infrastructure operations such as airports, toll roads and municipal services; and telecommunications services such as telephone, telegraph, satellite, cable, microwave, radiotelephone, mobile communication, cellular, paging, electronic mail, videotext, voice communications, data communications, and internet and other industries that are expected to periodically pay dividends. The fund benchmarks the performance of its investments against the S&P 500 Utilities Index. Gabelli Global Utility & Income Trust was founded on May 28, 2004 and is based in United States.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Stock Fund Electricity Income Trust Microwave Airport Telecommunications Service Data Communications Mario Gabelli Gamco Investors Utilities Index Voice Communication Voice Communications S&P 500 Utilities Index (Industry Group)

Is GLU 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 14.8795
52 Week Low 11.0907
Average Volume 11,318
200-Day Moving Average 12.98
50-Day Moving Average 13.56
20-Day Moving Average 14.10
10-Day Moving Average 13.91
Average True Range 0.37
RSI (14) 41.52
ADX 46.02
+DI 33.75
-DI 14.43
Chandelier Exit (Long, 3 ATRs) 13.76
Chandelier Exit (Short, 3 ATRs) 14.34
Upper Bollinger Bands 15.07
Lower Bollinger Band 13.14
Percent B (%b) 0.19
BandWidth 13.73
MACD Line -0.03
MACD Signal Line 0.13
MACD Histogram -0.1592
Fundamentals Value
Market Cap 80.64 Million
Num Shares 5.97 Million
EPS 0.58
Price-to-Earnings (P/E) Ratio 23.29
Price-to-Sales 16.63
Price-to-Book 0.85
PEG Ratio 0.00
Dividend 1.20
Dividend Yield 8.88%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.61
Resistance 3 (R3) 14.70 14.42 14.42
Resistance 2 (R2) 14.42 14.14 14.38 14.36
Resistance 1 (R1) 13.97 13.97 14.20 13.88 14.30
Pivot Point 13.69 13.69 13.81 13.65 13.69
Support 1 (S1) 13.24 13.41 13.47 13.15 12.72
Support 2 (S2) 12.96 13.24 12.92 12.66
Support 3 (S3) 12.51 12.96 12.60
Support 4 (S4) 12.42