GABELLI MULTIMEDIA TRUST INC (GGT) Stock Technical Analysis
NYSE:GGT - New York Stock Exchange, Inc. - US36239Q1094 - Currency: USD
Overall GGT gets a technical rating of 0 out of 10. GGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GGT is a bad performer in the overall market: 76% of all stocks are doing better.
GGT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GGT is lagging the market.
GGT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month GGT has a been trading in a tight range between 4.75 and 4.95.
Although the technical rating is bad, GGT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 4.78, 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
4.51
5.97
2 important support areas can be observed.
- A support zone ranging from 4.76 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.56 to 4.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.79 to 4.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.02 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.91 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.27
Mansfield-1.25
10 Day High4.9
10 Day Low4.75
20 Day High4.95
20 Day Low4.75
52 Week High6.12
52 Week Low4.45
Performance
1 Week-0.42%
2 Weeks-0.42%
1 Month-0.93%
3 Month-4.01%
6 Month-5.43%
12 Month-16.55%
2 Year-18.95%
3 Year-44.11%
5 Year-30.68%
10 Year-51.27%
15 Year-27.42%
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)47.97
LBB4.75
UBB4.9
NYSE:GGT (2/24/2025, 8:04:00 PM)
4.79
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.42%
2 Weeks-0.42%
1 Month-0.93%
3 Month-4.01%
6 Month-5.43%
12 Month-16.55%
2 Year-18.95%
3 Year-44.11%
5 Year-30.68%
10 Year-51.27%
15 Year-27.42%
Volatility
ATR(14)0.05
ATR(20)%1.16%
ATR Inc-14.62%
Range Today0.04
ADR(20)0.06
ADR(20)%1.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.27
Mansfield-1.25
10 Day High4.9
10 Day Low4.75
20 Day High4.95
20 Day Low4.75
52 Week High6.12
52 Week Low4.45
CS1 End4.78
CR1 Start4.79
Volume & EV
DER(3)11.13%
DER(5)6.15%
Volume122.30K
Volume Incr24.24%
Vol(5)81.84K
Vol(50)96.41K