Amalgamated Bank ($AMAL) vs Gladstone Capital Corporation ($GLADD)

2019-08-16 | Welcome! Today we compared how two different stocks in the Textiles industry are trading: Amalgamated Bank and Gladstone Capital Corporation. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Amalgamated Bank opened at 15.26, got to a maximum price of 15.32 and dropped to as low as 15.0 before finishing the session at 15.0. In total there were 18000 shares traded, which is enough to conduct our analysis. Compare that now to Gladstone Capital Corporation, which opened at 25.77, had a high of 25.87, a low of 25.7, closed at 25.7 and had a total volume of 5900.0.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Amalgamated Bank Gladstone Capital Corporation
Accumulation-distribution index 374.5 604.74
on-balance volume 15.51 25.86
chaikin money flow

9.66667 2.4
force index

0.1989 0.008
ease of movement rating

-0.00063 -1e-05
volume-price trend

-1.3419 0.00397
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Amalgamated Bank Gladstone Capital Corporation
Average true range 0.30287 0.1364
Bolinger bands 15.0 25.79571
Upper bollinger band 15.0 25.65429
Lower bollinger band

15.0 25.7
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 nan
Central keltner channel

15.19333 25.78
High band keltner channel

15.13333 25.68
Low band keltner channel

15.25333 25.88
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

15.0 25.7
Donchain channel low band

15.0 25.7
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Amalgamated Bank Gladstone Capital Corporation
Moving Average Convergence Divergence (MACD) trend_macd 0.00112
MACD signal 0.00496 0.00062
MACD difference 0.00714 0.0005
fast Exponential Moving Average (EMA) indicator

15.0 25.7
slow Exponential Moving Average (EMA) indicator

15.0 25.7
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.06935 1.12074
trix

-8.52521 -0.11199
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 66.66667
Detrended Price Oscillator (DPO)

1.46164 -0.00663
KST Oscillator (KST)

-88.7905 0.25804
KST Oscillator (KST Signal)

-88.7905 0.25804
KST difference

5.26477 0.48651
Ichimoku rating

15.29 25.82
Ichimoku B rating

15.29 25.82
Ichimoku visual trend A

16.86212 25.91164
Ichimoku visual trend B

16.68207 25.97994
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

8.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Amalgamated Bank Gladstone Capital Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 51.54909 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator

-28.02993 8.65196
stochastic oscillator

533.33333 170.0
stochastic oscillator signal

533.33333 170.0
Williams %R rating

433.33333 70.0
awesome oscillator

0.09865 6e-05

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Amalgamated Bank and Gladstone Capital Corporation.

Daily return -8.87905 0.0258
Daily log return 2.56677 0.19436
Cumulative return 2.6 0.19455

So there you have it: our deep, grueling analysis comparing Amalgamated Bank and Gladstone Capital Corporation together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Amalgamated Bank:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether AMAL is strong or weak. Again – this is not a reliable indication of whether Amalgamated Bank is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Gladstone Capital Corporation

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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