| GLD latest price $211.5200 (-0.57%) ($211.0200 - $213.4500) on Thu. Apr. 4, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.69% (three month average) |
RSI | 79 |
Latest Price | $211.5200(-0.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 0.8% a day on average for past five trading days. |
Weekly Trend | GLD advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDXJ(75%) GDX(74%) XLE(35%) VIXM(34%) QQQ(24%) |
Factors Impacting GLD price | GLD will decline at least -0.345% in a week (0% probabilities). UUP(-29%) TLT(-19%) TAN(6%) JETS(9%) VXX(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.345% (StdDev 0.69%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.2% |
| |
|
|