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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
SPDR Gold Trust (PACF:GLD)
Crossroads (-60) - GLD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GLD
The long-term trend has been UP since Oct 20th, 2023 at 184.2300
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 213.8700
The short-term trend has been DOWN since Apr 30th, 2024 at 214.3357
Smart Scan Analysis for GLD
Based on our trend formula, GLD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 212.96 | 215.50 | 212.41 | 213.79 | +1.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 211.87 | 9444272 | 2024-05-01 15:59:43 |
| Year High | 129.515 | Year High Date | 2018-01-25 |
| Year Low | 111.06 | Year Low Date | 2018-08-15 |
| 52wk High | 225.09 | 52wk High Date | 2024-04-12 |
| 52wk Low | 168.3 | 52wk Low Date | 2023-10-05 |
| Year End Close | 162.02 | Average Volume | 11,355,857 |
| Shares Outstanding | 241,100 | Assets | 591,598,700M |
| Liabilities | 111,153,000M | P/E Ratio | 41.2995 |
| Beta | 0.48 | Volatility | 7.68 |