GABELLI DIVIDEND & INCOME TR (GDV)

US36242H1041

22.29  +0.11 (+0.5%)

Technical Rating and Analysis

8

Overall GDV gets a technical rating of 8 out of 10. Although GDV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
GDV is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, GDV outperforms 62% of them, which is more or less in line with the market.
In the last month GDV has a been trading in a tight range between 21.30 and 22.38.
Weekly and Daily overview Charts
GDV Weekly chart
GDV Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, GDV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.05, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

18.46

22.51

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 20.99 to 22.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @18.65 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.23
Mansfield-0.5
10 Day High22.38
10 Day Low21.58
20 Day High22.38
20 Day Low21.3
52 Week High22.38
52 Week Low18.04
Performance
1 Week1.98%
2 Weeks1.93%
1 Month4.47%
3 Month9.37%
6 Month6.99%
12 Month4.28%
2 Year-7.93%
3 Year-2.25%
5 Year3.79%
10 Year0.91%
15 Year190.31%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)61
LBB21.56
UBB22.36
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
22.2621.570.69 (3.10%)25.00%
An entry @22.26. This is a Buy Stop order right above the resistance zone.An exit @21.57. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.69 points, which is 3.10%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GDV Daily chart

GABELLI DIVIDEND & INCOME TR

NYSE:GDV (2/22/2024, 2:58:06 PM)

22.29

+0.11 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week1.98%
2 Weeks1.93%
1 Month4.47%
3 Month9.37%
6 Month6.99%
12 Month4.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%1.19%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.38
10 Day Low21.58
20 Day High22.38
20 Day Low21.3
52 Week High22.38
52 Week Low18.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume196.48K
Volume Incr31.46%
Vol(5)247.36K
Vol(50)210.82K