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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Gabelli Equity Trust, Inc. (The) (NYSE:GAB)
Crossroads (+60) - GAB is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for GAB
The long-term trend has been DOWN since Jun 28th, 2024 at 5.15
The intermediate-term trend has been UP since Oct 21st, 2024 at 5.50
The short-term trend has been UP since Oct 11th, 2024 at 5.44
Smart Scan Analysis for GAB
Based on our trend formula, GAB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.460 | 5.476 | 5.440 | 5.455 | -0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.490 | 375992 | 2024-10-22 15:55:49 |
| Year High | 6.65 | Year High Date | 2018-01-26 |
| Year Low | 5.62 | Year Low Date | 2018-10-29 |
| 52wk High | 5.74 | 52wk High Date | 2024-03-12 |
| 52wk Low | 4.5593 | 52wk Low Date | 2023-10-30 |
| Year End Close | 5.58 | Average Volume | 493,786 |
| 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 |