GABELLI AUTOMATION ETF (GAST) Stock Technical Analysis
NYSEARCA:GAST - NYSE Arca - US36261K3014 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to GAST. Although GAST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: GAST has an average volume of 112 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
GAST is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GAST is performing more or less in line with the market.
Looking at the yearly performance, GAST did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month GAST has a been trading in a tight range between 26.47 and 27.90.
Although GAST has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.27
28.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.63 to 27.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @28.34 from a horizontal line in the daily time frame.
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 GAST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GAST is up. |
| ChartMill Relative Strength | 70.58 | POSITIVE | GAST has a high relative strength, it outperformed 70.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GAST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GAST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GAST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.31 | NEUTRAL | The RSI value for GAST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GAST has a negative trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests GAST may be overbought. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for GAST suggests low volalility. |
| Average Directional Index/ADX (14) | 30.13 | POSITIVE | The high ADX value value for GAST suggests a strong trend. |
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)
NYSEARCA:GAST (6/5/2025, 8:04:01 PM)
27.9032
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week1.23%
2 Weeks2.95%
1 Month7.75%
3 Month5.69%
6 Month-2.98%
12 Month9.39%
2 Year19.82%
3 Year42.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.71%
ATR Inc-93.9%
Range Today0
ADR(20)0
ADR(20)%0%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.58
Mansfield0.12
10 Day High27.9
10 Day Low27.06
20 Day High27.9
20 Day Low26.47
52 Week High29.1
52 Week Low22.69
CS1 End27.87
CR1 Start28.34
Volume & EV
DER(3)0%
DER(5)0%
Volume14
Volume Incr-17.2%
Vol(5)82.8
Vol(50)112.28