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GGT
ETF ticker: NYSE
AS OF
May 30 closing price
Price
$4.02
Change
-$0.03 (-0.74%)
Net Assets
100.06M

GGT THE Gabelli Multimedia Trust Forecast, Technical & Fundamental Analysis

Gabelli Multimedia Trust Inc is a non-diversified closed-end management investment company... Show more

GGT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for GGT with price predictions
May 30, 2025

GGT sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for GGT moved below the 200-day moving average on May 29, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on May 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GGT as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GGT turned negative on May 05, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

GGT moved below its 50-day moving average on April 28, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GGT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for GGT entered a downward trend on May 30, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GGT advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .

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GGT
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Communications
Address
One Corporate CenterRye
Phone
N/A
Web
www.gabelli.com
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GGT and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, GGT has been loosely correlated with SPYG. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if GGT jumps, then SPYG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GGT
1D Price
Change %
GGT100%
-0.74%
SPYG - GGT
54%
Loosely correlated
-0.23%
XLC - GGT
29%
Poorly correlated
+0.42%
FCOM - GGT
29%
Poorly correlated
+0.48%
QQQ - GGT
28%
Poorly correlated
-0.16%
IVW - GGT
28%
Poorly correlated
-0.20%
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