Technical Analysis for GLD - SPDR Gold Trust
|Grade||Last Price||% Change||Price Change|
GLD closed up 0.41 percent on Monday, August 21, 2017, on 79 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Up||Up|
|See historical GLD trend table...|
|Date||Alert Name||Type||% Chg|
|Aug 21||NR7||Range Contraction||0.00%|
|Aug 21||Narrow Range Bar||Range Contraction||0.00%|
|Aug 21||Stochastic Reached Overbought||Other||0.00%|
|Aug 21||Bollinger Band Squeeze||Range Contraction||0.00%|
|Aug 18||Bearish Engulfing||Bearish||0.41%|
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The investment seeks to replicate the performance, net of expenses, of the price of gold bullion. The trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the trust terminates and liquidates its assets, or as otherwise required by law or regulation.
Is GLD a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more GLD news...
|52 Week High||129.08|
|52 Week Low||107.0|
|200-Day Moving Average||117.2568|
|50-Day Moving Average||119.173|
|20-Day Moving Average||120.964|
|10-Day Moving Average||121.845|
|Average True Range||0.9963|
|Chandelier Exit (Long, 3 ATRs)||120.5511|
|Chandelier Exit (Short, 3 ATRs)||121.5389|
|Upper Bollinger Band||123.2637|
|Lower Bollinger Band||118.6643|
|Percent B (%b)||0.89|
|MACD Signal Line||0.8573|