| GLD latest price $169.0800 (1.66%) ($168.0300 - $169.5300) on Tue. Dec. 20, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 60 |
Latest Price | $169.0800(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 0.1% a day on average for past five trading days. |
Weekly Trend | GLD advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDX(79%) GDXJ(79%) SLV(79%) SIL(76%) SHY(58%) |
Factors Impacting GLD price | GLD will decline at least -0.55% in a week (0% probabilities). UNG(-12%) BND(-8%) VCSH(-7%) PAVE(-7%) VXX(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
| |
|
|