GAMCO GLOBAL GOLD NATURAL RE (GGN)

US36465A1097

4.01  -0.02 (-0.5%)

Technical Rating and Analysis

8

Overall GGN gets a technical rating of 8 out of 10. Although GGN 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.
GGN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GGN is performing more or less in line with the market.
Looking at the yearly performance, GGN did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month GGN has a been trading in the 3.80 - 4.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
GGN Weekly chart
GGN Daily chart
Setup Rating and Analysis

3

Although GGN has an excellent technical rating, it does not present a decent entry opportunity 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

3.47

4.21

4 important support areas can be observed.

  • A support zone ranging from 3.84 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.73 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 3.59 to 3.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 3.51 to 3.53. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 4.17 to 4.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS70.41
Mansfield-0.23
10 Day High4.17
10 Day Low3.96
20 Day High4.17
20 Day Low3.8
52 Week High4.17
52 Week Low3.51
Performance
1 Week-2.91%
2 Weeks0.75%
1 Month4.43%
3 Month8.97%
6 Month7.51%
12 Month8.09%
2 Year2.04%
3 Year8.97%
5 Year-7.82%
10 Year-60.99%
15 Year-68.67%
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)56.61
LBB3.89
UBB4.18
GGN Daily chart

GAMCO GLOBAL GOLD NATURAL RE

NYSEARCA:GGN (4/18/2024, 7:04:00 PM)

4.01

-0.02 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.5%
1 Week-2.91%
2 Weeks0.75%
1 Month4.43%
3 Month8.97%
6 Month7.51%
12 Month8.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%1.42%
ATR Inc
Range Today0.05
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 High4.17
10 Day Low3.96
20 Day High4.17
20 Day Low3.8
52 Week High4.17
52 Week Low3.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume294.40K
Volume Incr32.27%
Vol(5)690.06K
Vol(50)475.02K