Gabelli Equity Trust Inc [Gabrw] (GAB-) Technical Analysis
NYSE:GAB-
Current stock price
GAB- Technical Rating and Analysis
Overall GAB- gets a technical rating of 4 out of 10. In the last year, GAB- was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than GAB-.
- The long and short term trends are both positive. This is looking good!
- In the last month GAB- has a been trading in the 0.00 - 0.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GAB- Weekly and Daily overview Charts
GAB- Setup Rating and Analysis
GAB- has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GAB- Support and Resistance Analysis
0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GAB- Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GAB- is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GAB- is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GAB- has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GAB- is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 60.59 | NEUTRAL | The RSI value for GAB- is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GAB- has a positive trend. |
| Stochastics (14,3) | 87.13 | OVERBOUGHT | The high Stochastics value suggests GAB- may be overbought. |
| Average True Range in percent/ATR (20) | 26.08 | HIGH VOLATILITY | The high ATR as a percentage value for GAB- suggests high volalility. |
| Average Directional Index/ADX (14) | 33.27 | POSITIVE | The high ADX value value for GAB- suggests a strong trend. |
GAB- Chart- and CandleStick Pattern Analysis
GAB- Technicals: Chart, Performance Metrics, Trend & Indicators
0.03
0 (-3.54%)
Gabelli Equity Trust Inc [Gabrw] / GAB- TA FAQ
What is the technical rating for GAB- stock?
ChartMill assigns a technical rating of 4 / 10 to GAB-.
Can you provide the trend direction for Gabelli Equity Trust Inc [Gabrw]?
The current trend direction for Gabelli Equity Trust Inc [Gabrw] (GAB-) is Bullish.
What is the RSI signal for GAB- stock?
Gabelli Equity Trust Inc [Gabrw] (GAB-) has an RSI value of 60.5949. This indicates that the stock is currently neutral.
What is the short term momentum for Gabelli Equity Trust Inc [Gabrw] (GAB-) stock?
The short term momentum for Gabelli Equity Trust Inc [Gabrw] (GAB-) is positive.
Can you provide the support and resistance levels for Gabelli Equity Trust Inc [Gabrw]?
Gabelli Equity Trust Inc [Gabrw] (GAB-) has a support level at 0.01. Check the full technical report for our detailed analysis of GAB- support and resistance levels.