GAMCO GLOB. GOLD NATURAL RESOURCES & IN - Daily - Technical analysis published on 12/04/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 4.21 USD
My targets
3.98 USD (-2.93%)
3.88 USD (-5.37%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GAMCO GLOB. GOLD NATURAL RESOURCES & IN as long as the price remains well below 4.21 USD. The sellers' bearish objective is set at 3.98 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.88 USD. In case of crossing, the next objective would be the support located at 3.65 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GAMCO GLOB. GOLD NATURAL RESOURCES & IN rating 4.10 USD. The price is lower by -0.49% since the last closing with the lowest point at 4.10 USD and the highest point at 4.12 USD. The deviation from the price is 0% for the low point and -0.49% for the high point.4.10
4.12
4.10
Here is a more detailed summary of the historical variations registered by GAMCO GLOB. GOLD NATURAL RESOURCES & IN:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of GAMCO GLOB. GOLD NATURAL RESOURCES & IN indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.65 | 3.88 | 3.98 | 4.10 | 4.13 | 4.21 | 4.33 |
| Change (%) | -10.98% | -5.37% | -2.93% | - | +0.73% | +2.68% | +5.61% |
| Change | -0.45 | -0.22 | -0.12 | - | +0.03 | +0.11 | +0.23 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.06 | 4.09 | 4.10 | 4.13 | 4.14 | 4.17 | 4.18 |
| Camarilla | 4.11 | 4.11 | 4.12 | 4.12 | 4.12 | 4.13 | 4.13 |
| Woodie | 4.06 | 4.09 | 4.10 | 4.13 | 4.14 | 4.17 | 4.18 |
| Fibonacci | 4.09 | 4.10 | 4.11 | 4.13 | 4.14 | 4.15 | 4.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.00 | 4.05 | 4.09 | 4.14 | 4.18 | 4.23 | 4.27 |
| Camarilla | 4.11 | 4.11 | 4.12 | 4.13 | 4.14 | 4.15 | 4.16 |
| Woodie | 4.00 | 4.05 | 4.09 | 4.14 | 4.18 | 4.23 | 4.27 |
| Fibonacci | 4.05 | 4.08 | 4.11 | 4.14 | 4.17 | 4.20 | 4.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.58 | 3.78 | 3.96 | 4.16 | 4.34 | 4.54 | 4.72 |
| Camarilla | 4.03 | 4.06 | 4.10 | 4.13 | 4.17 | 4.20 | 4.24 |
| Woodie | 3.56 | 3.78 | 3.94 | 4.16 | 4.32 | 4.54 | 4.70 |
| Fibonacci | 3.78 | 3.93 | 4.02 | 4.16 | 4.31 | 4.40 | 4.54 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.05 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -13.07 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 4.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.07 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 4.27 | |
| Zig ZAG (10): | 4.12 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 44.43 | |
| TEMA (21): | 4.08 | |
| Williams %R (14): | -57.89 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.9800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 3.71 |
| MA7: | 4.13 | |
| MA20: | 4.17 | |
| MA50: | 4.26 | |
| MA100: | 4.15 | |
| MAexp7: | 4.13 | |
| MAexp20: | 4.17 | |
| MAexp50: | 4.20 | |
| MAexp100: | 4.14 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | -1.68% | |
| Price / MA50: | -3.76% | |
| Price / MA100: | -1.20% | |
| Price / MAexp7: | -0.73% | |
| Price / MAexp20: | -1.68% | |
| Price / MAexp50: | -2.38% | |
| Price / MAexp100: | -0.97% |
Quotes :
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15 min delayed data
-
NYSE MKT Stocks
News
The last news published on GAMCO GLOB. GOLD NATURAL RESOURCES & IN at the time of the generation of this analysis was as follows:
- GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
- GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
- GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
- Gamco Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
- GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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