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Stock Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
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.
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MarketClub’s Trade Triangles for GAB
The long-term trend has been DOWN since Feb 22nd, 2022 at 6.750
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 5.725
The short-term trend has been UP since Mar 22nd, 2023 at 5.580
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.700 | 5.740 | 5.695 | 5.740 | +0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.740 | 349557 | 2023-03-31 15:59:24 |
| Year High | 6.65 | Year High Date | 2018-01-26 |
| Year Low | 5.62 | Year Low Date | 2018-10-29 |
| 52wk High | 7.09 | 52wk High Date | 2022-04-21 |
| 52wk Low | 4.84 | 52wk Low Date | 2022-10-13 |
| Year End Close | 5.58 | Average Volume | 601,311 |
| 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 |