GABELLI EQUITY TRUST (GAB)
US3623971013
Overall GAB gets a technical rating of 3 out of 10. GAB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month GAB has a been trading in the 5.31 - 5.85 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, GAB outperforms 58% of them, which is more or less in line with the market.
GAB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GAB is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of GAB 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
5.09
5.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.41 to 5.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @5.29 from a horizontal line in the daily time frame.
- A support zone ranging from 5.14 to 5.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.55 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.84 to 5.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.25
Mansfield-0.74
10 Day High5.85
10 Day Low5.31
20 Day High5.85
20 Day Low5.31
52 Week High5.85
52 Week Low4.96
Performance
1 Week-1.61%
2 Weeks-5.66%
1 Month-2.14%
3 Month0%
6 Month1.48%
12 Month7.21%
2 Year0.36%
3 Year-23.5%
5 Year-9.69%
10 Year-14.99%
15 Year9.13%
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)-0.05
RSI(14)42.6
LBB5.32
UBB5.99
GABELLI EQUITY TRUST
NYSE:GAB (12/20/2024, 8:13:58 PM)
5.5
+0.14 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.61%
1 Week-1.61%
2 Weeks-5.66%
1 Month-2.14%
3 Month0%
6 Month1.48%
12 Month7.21%
2 Year0.36%
3 Year-23.5%
5 Year-9.69%
10 Year-14.99%
15 Year9.13%
Volatility
ATR(14)0.09
ATR(20)%1.57%
ATR Inc143.22%
Range Today0.24
ADR(20)0.08
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.25
Mansfield-0.74
10 Day High5.85
10 Day Low5.31
20 Day High5.85
20 Day Low5.31
52 Week High5.85
52 Week Low4.96
CS1 End5.48
CR1 Start5.55
Volume & EV
DER(3)0.28%
DER(5)-2.86%
Volume2.52M
Volume Incr116.75%
Vol(5)1.29M
Vol(50)623.59K