| GLD latest price $219.8000 (1.94%) ($215.8900 - $219.8400) on Thu. Apr. 11, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 82 |
Latest Price | $219.8000(1.94%) |
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 3.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDXJ(75%) GDX(74%) VIXM(34%) XLE(29%) QQQ(22%) |
Factors Impacting GLD price | GLD will decline at least -0.375% in a week (0% probabilities). UUP(-35%) TLT(-20%) TAN(1%) JETS(7%) VXX(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.375% (StdDev 0.75%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.4% |
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