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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Gabelli Equity Trust, Inc. (The) (NYSE:GAB)
Strong Uptrend (+100) - GAB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GAB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GAB
The long-term trend has been UP since Feb 15th, 2024 at 5.34
The intermediate-term trend has been UP since May 7th, 2024 at 5.39
The short-term trend has been UP since Apr 23rd, 2024 at 5.29
Smart Scan Analysis for GAB
Based on our trend formula, GAB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.380 | 5.420 | 5.370 | 5.415 | +0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.420 | 219175 | 2024-05-08 15:59:45 |
| Year High | 6.65 | Year High Date | 2018-01-26 |
| Year Low | 5.62 | Year Low Date | 2018-10-29 |
| 52wk High | 5.88 | 52wk High Date | 2023-07-03 |
| 52wk Low | 4.5593 | 52wk Low Date | 2023-10-30 |
| Year End Close | 5.58 | Average Volume | 386,333 |
| Shares Outstanding | 179,572 | Market Cap | 1,566M |
| Assets | 186,932,628M | Liabilities | 71,026,299M |
| P/E Ratio | 144.5 | Beta | 1.39 |
| Volatility | 22.2 |