GABELLI GLBL UTIL & INC TR (GLU) Stock Technical Analysis
NYSEARCA:GLU - NYSE Arca - US36242L1052 - Currency: USD
We assign a technical rating of 7 out of 10 to GLU. In the last year, GLU was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: GLU has an average volume of 14158 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GLU is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by GLU over the past year are nicely spread over this period.
In the last month GLU has a been trading in the 14.73 - 16.28 range, which is quite wide. It is currently trading near the high of this range.
GLU 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 GLU is lagging the market slightly.
Volume is considerably higher in the last couple of days.
GLU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
14.39
16.71
2 important support areas can be observed.
- A support zone ranging from 15.48 to 15.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.54 to 14.95. 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 16.46 to 16.54. This zone is formed by a combination of multiple trend lines 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
CRS75.09
Mansfield-0.07
10 Day High16.28
10 Day Low15.28
20 Day High16.28
20 Day Low14.73
52 Week High17.44
52 Week Low13.06
Performance
1 Week2.82%
2 Weeks2.56%
1 Month4.9%
3 Month-2.96%
6 Month4.9%
12 Month21.59%
2 Year10.23%
3 Year-17.52%
5 Year-7.12%
10 Year-16.71%
15 Year-17.94%
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)0.07
RSI(14)60.55
LBB15.37
UBB16.18
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 |
|---|---|---|---|
| 16.55 | 15.47 | 1.08 (6.53%) | 15.32% |
| An entry @16.55. This is a Buy Stop order right above the resistance zone. | An exit @15.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.08 points, which is 6.53%. | When investing 15.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NYSEARCA:GLU (2/24/2025, 3:40:34 PM)
15.87
-0.18 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.12%
1 Week2.82%
2 Weeks2.56%
1 Month4.9%
3 Month-2.96%
6 Month4.9%
12 Month21.59%
2 Year10.23%
3 Year-17.52%
5 Year-7.12%
10 Year-16.71%
15 Year-17.94%
Volatility
ATR(14)0.35
ATR(20)%2.28%
ATR Inc72.53%
Range Today0.34
ADR(20)0.34
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.09
Mansfield-0.07
10 Day High16.28
10 Day Low15.28
20 Day High16.28
20 Day Low14.73
52 Week High17.44
52 Week Low13.06
CS1 End15.83
CR1 Start16.46
Volume & EV
DER(3)-1.05%
DER(5)0.73%
Volume12.88K
Volume Incr62.92%
Vol(5)21.22K
Vol(50)14.16K