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Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
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.
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MarketClub’s Trade Triangles for GAB
The long-term trend has been DOWN since Jul 19th, 2021 at 6.64
The intermediate-term trend has been UP since Oct 19th, 2021 at 6.86
The short-term trend has been UP since Oct 14th, 2021 at 6.77
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.94 | 6.94 | 6.89 | 6.94 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.93 | 228764 | 2021-10-21 15:59:47 |
| Year High | 6.65 | Year High Date | 2018-01-26 |
| Year Low | 5.62 | Year Low Date | 2018-10-29 |
| 52wk High | 7.57 | 52wk High Date | 2021-05-28 |
| 52wk Low | 5.29 | 52wk Low Date | 2020-10-30 |
| Year End Close | 5.58 | Average Volume | 465,725 |
| Shares Outstanding | 179,572 | Market Cap | 1,566M |
| Assets | 220,332,149M | Liabilities | 3,018,775M |
| P/E Ratio | 173.25 | Beta | 1.39 |
| Volatility | 22.2 |