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GAMCO INVESTORS INC-A (GBL) Stock Technical Analysis

USA - NYSE:GBL - US3614381040 - Common Stock

14.78 USD
-1.32 (-8.2%)
Last: 10/6/2022, 8:04:00 PM
14.75 USD
-0.03 (-0.2%)
After Hours: 10/6/2022, 8:04:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to GBL. GBL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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.
GBL is an average performer in the Capital Markets industry, it outperforms 43% of 235 stocks in the same industry.
Weekly and Daily overview Charts
GAMCO INVESTORS INC-A / GBL Weekly stock chart
GAMCO INVESTORS INC-A / GBL Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

14.63

22.29

4 important resistance areas can be observed.

  • 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for GBL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for GBL is down.
ChartMill Relative Strength21.19NEGATIVEGBL has a low relative strength, it was outperformed by 78.81% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of GBL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of GBL is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of GBL is below a declining SMA(200).
Relative Strength Index/RSI (14)26.71OVERSOLDThe low RSI value suggests GBL may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.15NEGATIVEThe MACD value suggests GBL has a negative trend.
Stochastics (14,3)22.05NEUTRALThe Stochastics value for GBL is a neutral value.
Average True Range in percent/ATR (20)6.84HIGH VOLATILITYThe high ATR as a percentage value for GBL suggests high volalility.
Average Directional Index/ADX (14)36.78POSITIVEThe high ADX value value for GBL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
GAMCO INVESTORS INC-A / GBL Daily stock chart

GAMCO INVESTORS INC-A

NYSE:GBL (10/6/2022, 8:04:00 PM)

After market: 14.75 -0.03 (-0.2%)

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
3 months CRSN/A
6 months CRSN/A
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

GAMCO INVESTORS INC-A / GBL FAQ

What is the ChartMill technical rating of GAMCO INVESTORS INC-A (GBL) stock?

ChartMill assigns a technical rating of 0 / 10 to GBL.


What is the current trend direction of GAMCO INVESTORS INC-A (GBL) stock?

The current trend direction for GAMCO INVESTORS INC-A (GBL) is Bearish.


What is the RSI signal for GAMCO INVESTORS INC-A (GBL) stock?

GAMCO INVESTORS INC-A (GBL) has an RSI value of 26.7054. This indicates that the stock is currently oversold.


What is the MACD signal for GAMCO INVESTORS INC-A (GBL) stock?

The MACD indicator for GAMCO INVESTORS INC-A (GBL) has a value of -0.151965, indicating a bearish trend.


Can you provide the short term momentum for GAMCO INVESTORS INC-A?

The short term momentum for GAMCO INVESTORS INC-A (GBL) is negative.