GABELLI EQUITY TRUST (GAB)
US3623971013
Taking everything into account, GAB scores 2 out of 10 in our technical rating. In the last year, GAB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
62% of all other stocks performed better in the past year than GAB.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GAB is lagging the market.
In the last month GAB has a been trading in a tight range between 5.15 and 5.45.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GAB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 5.33, a Stop Loss order could be placed below this zone.
More info and screens
5.04
5.67
2 important support areas can be observed.
- A support zone ranging from 5.24 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.09 to 5.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.51 from a trend line in the weekly time frame.
- Resistance @5.61 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.08
Mansfield-0.93
10 Day High5.39
10 Day Low5.2
20 Day High5.45
20 Day Low5.15
52 Week High5.88
52 Week Low4.56
Performance
1 Week0.75%
2 Weeks2.69%
1 Month-0.74%
3 Month3.28%
6 Month6.15%
12 Month-3.43%
2 Year-19.91%
3 Year-29.05%
5 Year-11.57%
10 Year-29.23%
15 Year18.89%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)52.67
LBB5.19
UBB5.37
GABELLI EQUITY TRUST
NYSE:GAB (5/6/2024, 2:29:05 PM)
5.36
+0.01 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week0.75%
2 Weeks2.69%
1 Month-0.74%
3 Month3.28%
6 Month6.15%
12 Month-3.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%1.37%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.39
10 Day Low5.2
20 Day High5.45
20 Day Low5.15
52 Week High5.88
52 Week Low4.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume280.76K
Volume Incr-21.69%
Vol(5)358.74K
Vol(50)578.84K