GABELLI EQUITY TRUST (GAB)
US3623971013
We assign a technical rating of 2 out of 10 to GAB. 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.
61% of all other stocks performed better in the past year than GAB.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GAB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GAB is lagging the market slightly.
In the last month GAB has a been trading in the 5.15 - 5.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 a support zone below the current price at 5.25, a Stop Loss order could be placed below this zone.
More info and screens
4.95
5.88
We found 2 important support areas.
- A support zone ranging from 5.09 to 5.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.00 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.33 to 5.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.52 from a trend line in the weekly time frame.
- Resistance @5.61 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.73 to 5.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.38
Mansfield-0.94
10 Day High5.36
10 Day Low5.15
20 Day High5.56
20 Day Low5.15
52 Week High5.88
52 Week Low4.56
Performance
1 Week1.92%
2 Weeks-0.38%
1 Month-3.28%
3 Month3.91%
6 Month15.69%
12 Month-6.18%
2 Year-21.91%
3 Year-25.26%
5 Year-14.77%
10 Year-28.82%
15 Year45.88%
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
RSI(14)46.89
LBB5.14
UBB5.45
GABELLI EQUITY TRUST
NYSE:GAB (4/24/2024, 7:04:34 PM)
5.31
+0.01 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week1.92%
2 Weeks-0.38%
1 Month-3.28%
3 Month3.91%
6 Month15.69%
12 Month-6.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%1.5%
ATR Inc
Range Today0.05
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 High5.36
10 Day Low5.15
20 Day High5.56
20 Day Low5.15
52 Week High5.88
52 Week Low4.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume310.50K
Volume Incr-27.73%
Vol(5)455.04K
Vol(50)608.11K