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Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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

Long-Term Downtrend (-90) - GAB is in a strong downtrend that is likely to continue. While GAB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NYSE_GAB
Open High Low GAB Price Change
6.080 6.195 6.070 6.185 +0.085
Entry Signal

MarketClub’s Trade Triangles for GAB

long term down The long-term trend has been DOWN since Feb 22nd, 2022 at 6.75

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 6.43

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 6.13

Smart Scan Analysis for GAB

Based on our trend formula, GAB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.080 6.195 6.070 6.185 +0.085
Prev. Close Volume Bid Ask Time
6.200 190903 2022-07-01 15:58:58
Year High6.65Year High Date2018-01-26
Year Low5.62Year Low Date2018-10-29
52wk High7.4152wk High Date2021-12-08
52wk Low5.4752wk Low Date2022-06-17
Year End Close5.58Average Volume793,401
Shares Outstanding179,572Market Cap1,566M
Assets238,745,316MLiabilities73,167,744M
P/E Ratio155Beta1.39
Volatility22.2
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