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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
#2918()/6519

Fri 15'th Jun 2018

PERIOD 2018-03-16 - 2018-06-15
CHANGE -0.26%
PRICE $35.16
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

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General American Investors Inc Stock Analysis

Technical stock analysis for Fri 15'th Jun 2018

Hold candidate since 2018-06-15

General American Investors Inc fell by -0.26% in the last day from $35.25 to $35.16 and has now fallen 3 days in a row. The price has risen in 7 of the last 10 days and is up by 1.85% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -14 091 shares and in total 13 986 shares bought and sold for approximately $0.00.

Shorts 0.43% ( 2018-05-31 )
Cash n/a
Loans n/a
Beta 1.18
ROA 12.49

Trend

General American Investors Inc lies in the upper part of a narrow and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $35.34 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 4.59% during the next 3 months and, with 90% probability hold a price between $35.63 and $36.97 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

General American Investors Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $35.20. On a fall, the stock will find some support from the long-term average at approximately $34.48. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Wednesday June 13, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

The stock had a Golden Star Signal* on Monday May 07, 2018 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 65 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 $33.89.

Support: $33.89 Price: $35.16 Resistance: $35.18

Risk

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

Our recommended stoploss: $33.77 (-3.95%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

General American Investors Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

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