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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

SPDR Gold Trust (PACF:GLD)

Bull Market Weakness (+75) - GLD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GLD as it may be in the beginning stages of a reversal.

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.

PACF_GLD
Open High Low GLD Price Change
216.3500 216.9578 215.1400 215.5800 -5.4500
Entry Signal

MarketClub’s Trade Triangles for GLD

long term up The long-term trend has been UP since Oct 20th, 2023 at 184.23

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 189.39

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 218.52

Smart Scan Analysis for GLD

Based on our trend formula, GLD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.3500 216.9578 215.1400 215.5800 -5.4500
Prev. Close Volume Bid Ask Time
215.5700 12201657 2024-04-22 15:59:58
Year High129.515Year High Date2018-01-25
Year Low111.06Year Low Date2018-08-15
52wk High225.0952wk High Date2024-04-12
52wk Low168.352wk Low Date2023-10-05
Year End Close162.02Average Volume11,611,434
Shares Outstanding241,100Assets591,598,700M
Liabilities111,153,000MP/E Ratio41.2995
Beta0.48Volatility7.68
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