In its latest trading session, Gabelli Multi-Media Trust Inc. (The) (NYSE:GGT) dropped by -1.1% – here is what that looked like (as of 2019-12-26):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 50.397, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.065, an Accumulation/Distribution Index (ADI) of 0.065, an On-Balance Volume (OBV) of 23.606, and a Chaiikin Money Flow (CMF) of 8.23. 1.889
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.