GABELLI MULTIMEDIA TRUST INC (GGT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GGT - US36239Q1094
Overall GGT gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GGT was also a bad performer in the overall market in the last year.
- 72% of all other stocks performed better in the past year than GGT.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- GGT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGT is lagging the market.
- In the last month GGT has a been trading in a tight range between 4.06 and 4.25.
GGT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GGT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.85
3 important support areas can be observed.
- A support zone ranging from 4.13 to 4.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.02 from a horizontal line in the daily time frame.
- A support zone ranging from 3.89 to 3.94. 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 4.21 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GGT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGT is neutral. |
| ChartMill Relative Strength | 28.54 | NEGATIVE | GGT has a low relative strength, it was outperformed by 71.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GGT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.68 | NEUTRAL | The RSI value for GGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGT has a negative trend. |
| Stochastics (14,3) | 71.93 | NEUTRAL | The Stochastics value for GGT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for GGT suggests low volalility. |
| Average Directional Index/ADX (14) | 14.63 | NEGATIVE | The low ADX value for GGT suggests a weak or negative trend. |
NYSE:GGT (1/16/2026, 8:23:00 PM)
4.2
+0.01 (+0.24%)
GABELLI MULTIMEDIA TRUST INC / GGT FAQ
What is the ChartMill technical rating of GABELLI MULTIMEDIA TRUST INC (GGT) stock?
ChartMill assigns a technical rating of 3 / 10 to GGT.
What is the current trend direction of GABELLI MULTIMEDIA TRUST INC (GGT) stock?
The current trend direction for GABELLI MULTIMEDIA TRUST INC (GGT) is Bearish.
What is the RSI signal for GGT stock?
GABELLI MULTIMEDIA TRUST INC (GGT) has an RSI value of 52.6811. This indicates that the stock is currently neutral.
What is the short term momentum for GGT stock?
The short term momentum for GABELLI MULTIMEDIA TRUST INC (GGT) is neutral.
What is the support and resistance level for GGT stock?
GABELLI MULTIMEDIA TRUST INC (GGT) has a support level at 4.19 and a resistance level at 4.21. Check the full technical report for our detailed analysis of GGT support and resistance levels.