GABELLI GLOBAL SMALL & M (GGZ) Stock Technical Analysis
NYSE:GGZ - New York Stock Exchange, Inc. - US36249W1045 - Currency: USD
Overall GGZ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGZ is showing a nice and steady performance.
Warning: GGZ has an average volume of 8880 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GGZ did better than 71% of all other stocks. On top of that, GGZ also shows a nice and consistent pattern of rising prices.
GGZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GGZ has a been trading in a tight range between 13.28 and 13.88.
Besides having an excellent technical rating, GGZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
11.04
13.98
5 important support areas can be observed.
- A support zone ranging from 13.54 to 13.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.65 to 12.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.45 from a horizontal line in the daily time frame.
- Support @11.34 from a trend line in the weekly time frame.
- Support @11.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.72 to 13.84. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for GGZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGZ is up. |
| ChartMill Relative Strength | 71.84 | POSITIVE | GGZ has a high relative strength, it outperformed 71.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.47 | NEUTRAL | The RSI value for GGZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.18 | NEUTRAL | The Stochastics value for GGZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for GGZ suggests low volalility. |
| Average Directional Index/ADX (14) | 34.25 | POSITIVE | The high ADX value value for GGZ suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.85 | 13.53 | 0.32 (2.31%) | 25.00% |
| An entry @13.85. This is a Buy Stop order right above the resistance zone. | An exit @13.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 2.31%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
13.63
-0.02 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week0.91%
2 Weeks1.71%
1 Month2.48%
3 Month11.72%
6 Month10.35%
12 Month17.57%
2 Year11.25%
3 Year12.81%
5 Year44.9%
10 Year30%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.93%
ATR Inc-7.1%
Range Today0
ADR(20)0.11
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.84
Mansfield0.1
10 Day High13.88
10 Day Low13.31
20 Day High13.88
20 Day Low13.28
52 Week High13.88
52 Week Low10.5
CS1 End13.59
CR1 Start13.72
Volume & EV
DER(3)-1.16%
DER(5)2.37%
Volume1.06K
Volume Incr17.25%
Vol(5)8.02K
Vol(50)8.88K