GUGGENHEIM TAXABLE MUNICIPAL (GBAB) Stock Technical Analysis
NYSE:GBAB - New York Stock Exchange, Inc. - US4016641072 - Currency: USD
Taking everything into account, GBAB scores 1 out of 10 in our technical rating. GBAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GBAB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.79, a Stop Loss order could be placed below this zone.
More info and screens
14.35
We found 1 important support area.
- A support zone ranging from 14.49 to 14.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.93 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.50 to 15.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 15.87 to 15.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for GBAB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBAB is neutral. |
| ChartMill Relative Strength | 26.47 | NEGATIVE | GBAB has a low relative strength, it was outperformed by 73.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.74 | NEUTRAL | The RSI value for GBAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GBAB has a positive trend. |
| Stochastics (14,3) | 64.81 | NEUTRAL | The Stochastics value for GBAB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for GBAB suggests low volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for GBAB suggests a weak or negative trend. |
NYSE:GBAB (6/26/2025, 8:04:00 PM)
14.89
+0.04 (+0.27%)