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GAM - General American Investors Inc

Industry: Closed-End Fund - Equity Sector: Financial Exchange: NYSE

GAM - General American Investors Inc

Industry: Closed-End Fund - Equity Sector: Financial Exchange: NYSE
#2787()/6711

Fri 23'rd Feb 2018

PERIOD 2017-11-24 - 2018-02-23
CHANGE 0.64%
PRICE $34.34
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

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General American Investors Inc Stock Analysis

Technical stock analysis for Fri 23'rd Feb 2018

Shorts 0.42% ( 2018-01-31 )
Cash n/a
Loans n/a
Beta 1.19
ROA 12.49
Hold candidate since 2018-02-23

General American Investors Inc gained 0.64% in the last trading day, rising from $34.12 to $34.34 The price has risen in 7 of the last 10 days and is up by 4.16% over the past 2 weeks. Volume fell in the last day by -1 592 shares, and in total, 9 113 shares bought and sold for approximately $312 940. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Access today's Top 5 Hold/Accumulates

Trend

General American Investors Inc lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.04% during the next 3 months and, with 90% probability hold a price between $34.16 and $37.81 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. General American Investors Inc holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $34.91. On a fall, the stock will find some support from the short-term average at $34.23. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Friday February 16, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

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Relative Strength Index (RSI)

RSI14 is 43 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

General American Investors Inc finds support from accumulated volume at $33.72. On the upside the stock meets some resistance just above today's level from accumulated volume at $34.89, $35.27 and $35.61.

The stock is about to test the resistance from accumulated volume at $34.89 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $33.72 Price: $34.34 Resistance: $34.89

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $32.92 (-4.12%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

General American Investors Inc holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

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