GAB:NYSEGabelli Equity Trust, Inc. (The) Analysis
Data as of 2026-08-30 - not real-time
$5.66
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
The moving-average structure behind The Gabelli Equity Trust Inc. is neutral at $5.66, with no clear ordering between short and long averages. RSI sits at 47.2, which reads as neutral, and MACD momentum is bearish. Price has been bracketed by support at $5.61 and resistance at $5.86.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 14.1%, a beta of 0.65 and a maximum drawdown of 15.2%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 96 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 14.1%, a beta of 0.65 and a maximum drawdown of 15.2%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 96 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
Top Market Events
Gabelli Equity Trust: 10% Distribution Policy Reaffirmed And Declared Third Quarter Distribution Of $0.Seeking Alpha18dWhen It Comes To Gabelli CEFs, Go With GAB And Cut The GUTThe Gabelli funds, or GAMCO as they are now...
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 5/10
Key Factors
- Trading below the 200-day average of 5.80
- MACD momentum is negative
- RSI at 47.2 is in neutral territory
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Trading below the 200-day average of 5.80
- MACD momentum is negative
- 30-day volatility of 14.1%
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- 30-day volatility of 14.1%
- Beta of 0.65 versus the benchmark
- Trading below the 200-day average of 5.80
Key Metrics & Analysis
Closed-End Fund Metrics
Market Price5.66
Discount/Premium0.00%
Discount TrendStable
Technical Analysis
TrendNeutral
RSI47.2
Support$5.61
Resistance$5.86
MA 20$5.72
MA 50$5.66
MA 200$5.80
MACDBearish
VolumeDecreasing
Fear & Greed Index95.66
Risk Assessment
Beta0.65
Volatility14.10%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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CLOSED_END_FUNDThis analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.