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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.

Open High Low GAB Price Change
5.700 5.740 5.695 5.740 +0.100
Entry Signal

MarketClub’s Trade Triangles for GAB

long term down The long-term trend has been DOWN since Feb 22nd, 2022 at 6.750

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 5.725

short term up 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).

Smart Scan Analysis for GAB
Strong Downtrend Sideways 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 High6.65Year High Date2018-01-26
Year Low5.62Year Low Date2018-10-29
52wk High7.0952wk High Date2022-04-21
52wk Low4.8452wk Low Date2022-10-13
Year End Close5.58Average Volume601,311
Shares Outstanding179,572Market Cap1,566M
P/E Ratio144.5Beta1.39
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