| GLD latest price $191.3500 (0.93%) ($190.6200 - $193.1300) on Wed. Aug. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.85% (three month average) |
RSI | 95 |
Latest Price | $191.3500(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 0.7% a day on average for past five trading days. |
Weekly Trend | GLD advances 4.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDX(80%) SLV(80%) GDXJ(79%) SIL(76%) BWX(48%) |
Factors Impacting GLD price | GLD will decline at least -0.425% in a week (0% probabilities). UUP(-33%) TBT(-18%) IGOV(-9%) VIXM(-8%) VXX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.425% (StdDev 0.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.2% |
| |
|
|