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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Gabelli Equity Trust, Inc. (The) (NYSE:GAB)

Bull Market Weakness (+75) - GAB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GAB as it may be in the beginning stages of a reversal.

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.

Open High Low GAB Price Change
5.180 5.210 5.170 5.205 +0.045
Entry Signal

MarketClub’s Trade Triangles for GAB

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 5.29

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 5.08

short term up The short-term trend has been UP since Dec 1st, 2023 at 5.12

Smart Scan Analysis for GAB

Based on our trend formula, GAB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.180 5.210 5.170 5.205 +0.045
Prev. Close Volume Bid Ask Time
5.210 494388 2023-12-08 15:59:14
Year High6.65Year High Date2018-01-26
Year Low5.62Year Low Date2018-10-29
52wk High6.00552wk High Date2023-02-02
52wk Low4.559352wk Low Date2023-10-30
Year End Close5.58Average Volume462,699
Shares Outstanding179,572Market Cap1,566M
P/E Ratio144.5Beta1.39
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