GAB Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Gabelli Equity Trust Inc (GAB) Moving Averages Convergence Divergence (MACD) indicator is -0.05, suggesting GAB is Strong Buy.

Gabelli Equity Trust Inc (GAB) 20-Day simple moving average is 5.29, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it Buy.

Gabelli Equity Trust Inc (GAB) 60-Day simple moving average is 5.46, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it Buy.

Technical Analysis for GAB

Technical Sentiment Analysis for Gabelli Equity Trust Inc (GAB) As of 2025-04-24, Gabelli Equity Trust Inc (GAB) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GAB stands at 51.4, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.05, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 85.5 and the Commodity Channel Index (CCI) at 33.62 further confirm a 0.03 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, GAB is trading above its 60-day moving average of $5.46 and above its 200-day long-term moving average of $5.35. Key price levels to watch include the immediate resistance at $5.43 and strong support at $5.09. A break above $5.43 could signal a bull continuation, while falling below $5.09 may test the next Fibonacci floor at $4.91.

Gabelli Equity Trust Inc (GAB) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.75	4.91	5.09	5.25	5.43	5.59	5.77
Fibonacci	4.91	5.04	5.12	5.25	5.38	5.46	5.59

Gabelli Equity Trust Inc (GAB) Technical Indicators

2025-04-24

Name	Value
RSI_14	51.4
STOCHk_14_3_3	85.5
STOCHd_14_3_3	77.94
CCI_20	33.62
AO_5_34	-0.09
MOM_10	0.03
MACD_12_26_9	-0.05

Gabelli Equity Trust Inc (GAB) Relative Strength Index (RSI) is 51.4, creating a Neutral signal.

Gabelli Equity Trust Inc (GAB) Stochastic Oscillator is 85.5, creating a Sell signal.

Gabelli Equity Trust Inc (GAB) Stochastic RSI is 77.94, creating a Neutral signal.

Gabelli Equity Trust Inc (GAB) Commodity Channel Index (CCI) is 33.62, creating a Neutral signal.

Gabelli Equity Trust Inc (GAB) Awesome Oscillator is -0.09, creating a Sell signal.

Gabelli Equity Trust Inc (GAB) Momentum is 0.03, creating a Buy signal.

Gabelli Equity Trust Inc (GAB) MACD is -0.05, creating a Sell signal.

Gabelli Equity Trust Inc (GAB) Moving Average

2025-04-24

Period	Simple	Signal
MA_5	5.27	Buy
MA_10	5.26	Buy
MA_20	5.29	Buy
MA_60	5.46	Buy
MA_200	5.35	Buy
MA_250	5.29	Buy

Gabelli Equity Trust Inc (GAB) 5-Day simple moving average is 5.27, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it a Buy.

Gabelli Equity Trust Inc (GAB) 10-Day simple moving average is 5.26, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it a Buy.

Gabelli Equity Trust Inc (GAB) 20-Day simple moving average is 5.29, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it a Buy.

Gabelli Equity Trust Inc (GAB) 60-Day simple moving average is 5.46, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it a Buy.

Gabelli Equity Trust Inc (GAB) 200-Day simple moving average is 5.35, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it a Buy.

Gabelli Equity Trust Inc (GAB) 250-Day simple moving average is 5.29, while Gabelli Equity Trust Inc (GAB) share price is $6.3, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for GAB?

The overall technical consensus for Gabelli Equity Trust Inc (GAB) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 sell signals.

What are the key support and resistance levels for Gabelli Equity Trust Inc (GAB) today?

Based on pivot point calculations, Gabelli Equity Trust Inc (GAB) has an immediate support level at 5.09 and a major resistance level at 5.43. Traders also monitor the pivot point at 5.25 to determine the intraday trend direction.

Is Gabelli Equity Trust Inc (GAB) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Gabelli Equity Trust Inc (GAB) is currently 51.4. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Gabelli Equity Trust Inc (GAB)?

Gabelli Equity Trust Inc (GAB) Moving Averages Convergence Divergence (MACD) indicator is -0.05, suggesting GAB is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Gabelli Equity Trust Inc.

How is Gabelli Equity Trust Inc (GAB) performing relative to its 200-day moving average?

Gabelli Equity Trust Inc (GAB) is currently trading at $6.3, which is above its 200-day simple moving average of 5.35. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.