GAMCO INVESTORS INC-A (GBL) Stock Technical Analysis
NYSE:GBL - New York Stock Exchange, Inc. - US3614381040 - Common Stock - Currency: USD
Overall GBL gets a technical rating of 0 out of 10. GBL'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GBL is a bad performer in the overall market: 79% of all stocks are doing better.
GBL is one of the lesser performing stocks in the Capital Markets industry. 71% of 232 stocks in the same industry do better.
GBL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GBL is lagging the market.
In the last month GBL has a been trading in the 14.45 - 21.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of GBL is bad and it also does not present a quality setup 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
14.63
22.29
When analyzing the resistance we notice 4 important areas.
- Resistance @20.64 from a trend line in the daily time frame.
- A resistance zone ranging from 20.98 to 21.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @21.66 from a horizontal line in the daily time frame.
- Resistance @22.07 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GBL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GBL is down. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | GBL has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.71 | OVERSOLD | The low RSI value suggests GBL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests GBL has a negative trend. |
| Stochastics (14,3) | 22.05 | NEUTRAL | The Stochastics value for GBL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for GBL suggests high volalility. |
| Average Directional Index/ADX (14) | 36.78 | POSITIVE | The high ADX value value for GBL 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)
14.78
-1.32 (-8.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-8.2%
1 Week-13.26%
2 Weeks-11.18%
1 Month-28.84%
3 Month-30.18%
6 Month-30.05%
12 Month-39.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%6.84%
ATR Inc68.94%
Range Today1.77
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.19
Mansfield-2.3
10 Day High17.51
10 Day Low14.45
20 Day High21.21
20 Day Low14.45
52 Week High29.8
52 Week Low14.45
CS1 EndN/A
CR1 Start20.64
Volume & EV
DER(3)-4.97%
DER(5)-3.06%
Volume1.45M
Volume Incr642.55%
Vol(5)353.90K
Vol(50)59.04K