GAB:NYSEGabelli Equity Trust, Inc. (The) Analysis
Data as of 2026-08-14 - not real-time
$5.80
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
The moving-average structure behind The Gabelli Equity Trust Inc. is neutral at $5.80, with no clear ordering between short and long averages. Across the trailing 30 sessions it gained 2.3%. RSI sits at 60.3, which reads as approaching overbought, and MACD momentum is bullish. Price has been bracketed by support at $5.50 and resistance at $5.86.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 13.9%, a beta of 0.63 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.
The horizons line up on hold — conviction 3 out of 10.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 13.9%, a beta of 0.63 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.
The horizons line up on hold — conviction 3 out of 10.
Top Market Events
RYE, N.Y., Aug. 12, 2026 GLOBE NEWSWIRE -- The Board of Directors of The Gabelli Equity Trust Inc. NYSE:GAB the...Detailed price information for Gabelli Equity Trust GAB-N from The Globe and Mail including charting and trades.Detailed price information for Gabelli Equity Trust GAB-N from The Globe and Mail including charting and trades.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 5.82
- MACD momentum is positive
- RSI at 60.3 is in neutral territory
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 5.82
- MACD momentum is positive
- 30-day volatility of 13.9%
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- 30-day volatility of 13.9%
- Beta of 0.63 versus the benchmark
- Trading below the 200-day average of 5.82
Key Metrics & Analysis
Closed-End Fund Metrics
Market Price5.8
Discount/Premium0.00%
Discount TrendStable
Technical Analysis
TrendNeutral
RSI60.3
Support$5.50
Resistance$5.86
MA 20$5.68
MA 50$5.63
MA 200$5.82
MACDBullish
VolumeIncreasing
Fear & Greed Index95.98
Risk Assessment
Beta0.63
Volatility13.94%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This 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.