GAMCO INVESTORS INC-A (GBL) Technical Analysis
NYSE:GBL • US3614381040
Current stock price
GBL Technical Rating and Analysis
Taking everything into account, GBL scores 0 out of 10 in our technical rating. 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. 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.
- GBL is an average performer in the Capital Markets industry, it outperforms 44% of 240 stocks in the same industry.
GBL Weekly and Daily overview Charts
GBL Setup Rating and Analysis
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
GBL Support and Resistance Analysis
14.63
We can see 4 important resistance 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.
GBL 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.
| 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. |
GBL Chart- and CandleStick Pattern Analysis
GBL Technicals: Chart, Performance Metrics, Trend & Indicators
14.78
-1.32 (-8.2%)
GAMCO INVESTORS INC-A / GBL TA FAQ
What is the ChartMill technical rating of GAMCO INVESTORS INC-A (GBL) stock?
ChartMill assigns a technical rating of 0 / 10 to GBL.
Can you provide the trend direction for GAMCO INVESTORS INC-A?
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 buy/sell signal for GBL stock?
The buy/sell signal for GAMCO INVESTORS INC-A (GBL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GAMCO INVESTORS INC-A (GBL) stock?
GAMCO INVESTORS INC-A (GBL) has a resistance level at 20.64. Check the full technical report for our detailed analysis of GBL support and resistance levels.