Technical Analysis for OUNZ - Merk Gold Trust ETV
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 22.47 | 1.03% | 0.23 |
OUNZ closed down 0.09 percent on Friday, May 3, 2024, on 1.39 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Hammer Candlestick | Bullish | 1.03% | |
| Stochastic Buy Signal | Bullish | 1.03% | |
| Lizard Bullish | Bullish Day Trade Setup | 1.03% | |
| Doji - Bullish? | Reversal | 1.03% | |
| Strong but Oversold | Other | 1.03% | |
| Strong, Oversold and Reversal Signs | Reversal | 1.03% | |
| Lower Bollinger Band Touch | Weakness | 1.03% | |
| Oversold Stochastic | Weakness | 1.03% | |
| Strong but Oversold | Other | 0.94% | |
| Gapped Down | Weakness | 0.94% |
| Alert | Time |
|---|---|
| Gapped Up (Full) | about 2 hours ago |
| Lizard Bullish Entry | about 2 hours ago |
| Hammer Candlestick Entry | about 2 hours ago |
| Rose Above Previous Day's High | about 2 hours ago |
| Rose Above 10 DMA | about 2 hours ago |
Get a Trading Sidekick!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
The Trust’s primary objective is to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold bullion (physical gold) in exchange for those shares. The Trust’s secondary objective is for the shares to reflect the performance of the price of gold less the expenses of the Trust’s operations. Each share represents a fractional undivided beneficial interest in the Trust’s net assets. The Trust’s assets consist principally of gold held on the Trust’s behalf in financial institutions for safekeeping.
Keywords: Exchange Traded Fund ETF Bullion Precious Metals
Classification
Keywords: Exchange Traded Fund ETF Bullion Precious Metals
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 23.498 |
| 52 Week Low | 17.56 |
| Average Volume | 1,228,543 |
| 200-Day Moving Average | 19.70 |
| 50-Day Moving Average | 21.60 |
| 20-Day Moving Average | 22.64 |
| 10-Day Moving Average | 22.41 |
| Average True Range | 0.30 |
| RSI (14) | 50.25 |
| ADX | 37.86 |
| +DI | 24.02 |
| -DI | 23.10 |
| Chandelier Exit (Long, 3 ATRs) | 22.59 |
| Chandelier Exit (Short, 3 ATRs) | 22.92 |
| Upper Bollinger Bands | 23.22 |
| Lower Bollinger Band | 22.05 |
| Percent B (%b) | 0.16 |
| BandWidth | 5.15 |
| MACD Line | 0.17 |
| MACD Signal Line | 0.31 |
| MACD Histogram | -0.1396 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 22.60 | ||||
| Resistance 3 (R3) | 22.57 | 22.41 | 22.54 | ||
| Resistance 2 (R2) | 22.41 | 22.32 | 22.43 | 22.52 | |
| Resistance 1 (R1) | 22.32 | 22.26 | 22.37 | 22.36 | 22.50 |
| Pivot Point | 22.17 | 22.17 | 22.19 | 22.19 | 22.17 |
| Support 1 (S1) | 22.08 | 22.07 | 22.13 | 22.12 | 21.98 |
| Support 2 (S2) | 21.93 | 22.02 | 21.94 | 21.96 | |
| Support 3 (S3) | 21.84 | 21.93 | 21.94 | ||
| Support 4 (S4) | 21.88 |
