GABELLI EQUITY TRUST (GAB)
US3623971013
Overall GAB gets a technical rating of 1 out of 10. GAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, GAB is a bad performer in the overall market: 61% of all stocks are doing better.
GAB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GAB is lagging the market slightly.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month GAB has a been trading in a tight range between 5.30 and 5.58.
Although the technical rating is bad, GAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.29, a Stop Loss order could be placed below this zone.
More info and screens
5.09
5.79
When analyzing the support we notice one important area.
- A support zone ranging from 5.14 to 5.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.42 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.55 to 5.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.72 to 5.73. 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
CRS39.48
Mansfield-0.94
10 Day High5.5
10 Day Low5.35
20 Day High5.58
20 Day Low5.3
52 Week High5.74
52 Week Low4.56
Performance
1 Week-0.73%
2 Weeks-0.37%
1 Month-1.45%
3 Month0.56%
6 Month2.84%
12 Month8.6%
2 Year0.93%
3 Year-21.42%
5 Year-9.8%
10 Year-18.1%
15 Year12.42%
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)48.68
LBB5.36
UBB5.55
GABELLI EQUITY TRUST
NYSE:GAB (10/10/2024, 10:05:03 AM)
5.415
-0.01 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week-0.73%
2 Weeks-0.37%
1 Month-1.45%
3 Month0.56%
6 Month2.84%
12 Month8.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%1.34%
ATR Inc
Range Today0.03
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 High5.5
10 Day Low5.35
20 Day High5.58
20 Day Low5.3
52 Week High5.74
52 Week Low4.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume49.84K
Volume Incr-34.01%
Vol(5)482.18K
Vol(50)591.98K