Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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

Sidelines Mode (+55) - GAB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_GAB
Open High Low GAB Price Change
5.410 5.410 5.300 5.325 -0.075
Entry Signal

MarketClub’s Trade Triangles for GAB

long term down The long-term trend has been DOWN since Jun 28th, 2024 at 5.1500

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2024 at 5.4600

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 5.4001

Smart Scan Analysis for GAB

Based on our trend formula, GAB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.410 5.410 5.300 5.325 -0.075
Prev. Close Volume Bid Ask Time
5.340 706126 2024-07-19 15:59:08
Year High6.65Year High Date2018-01-26
Year Low5.62Year Low Date2018-10-29
52wk High5.7952wk High Date2023-07-20
52wk Low4.559352wk Low Date2023-10-30
Year End Close5.58Average Volume663,231
Shares Outstanding179,572Market Cap1,566M
Assets186,932,628MLiabilities71,026,299M
P/E Ratio144.5Beta1.39
Volatility22.2
Get a free daily analysis and signals for Gabelli Equity Trust, Inc. (The) (GAB) - Request Your Free Report.