Gabelli Multi-Media Trust Inc. (The) (NYSE:GGT) Dropped -0.4% – Here’s Why

      Comments Off on Gabelli Multi-Media Trust Inc. (The) (NYSE:GGT) Dropped -0.4% – Here’s Why

For its latest trading sesion, Gabelli Multi-Media Trust Inc. (The) (NYSE:GGT) dropped by -0.4% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 50.526, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.071, an Accumulation/Distribution Index (ADI) of 0.071, an On-Balance Volume (OBV) of 44.417, and a Chaiikin Money Flow (CMF) of 8.23. 1.545

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Gabelli Multi-Media Trust Inc. (The) (NYSE:GGT). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.