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Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
SPDR Gold MiniShares Trust (PACF:GLDM)
Long-Term Downtrend (-90) - GLDM is in a strong downtrend that is likely to continue. While GLDM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GLDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLDM.
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 GLDM
The long-term trend has been DOWN since Aug 16th, 2023 at 37.560
The intermediate-term trend has been DOWN since Sep 26th, 2023 at 37.715
The short-term trend has been DOWN since Sep 21st, 2023 at 38.150
Smart Scan Analysis for GLDM
Based on our trend formula, GLDM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.190 | 37.240 | 36.855 | 37.045 | -0.195 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.240 | 919213 | 2023-09-28 15:59:51 |
| Year High | 12.64 | Year High Date | 2018-07-09 |
| Year Low | 11.7363 | Year Low Date | 2018-08-16 |
| 52wk High | 40.87 | 52wk High Date | 2023-05-04 |
| 52wk Low | 32.12 | 52wk Low Date | 2022-11-03 |
| Average Volume | 812,363 | Assets | 608,885,200M |
| Liabilities | 501,000M | P/E Ratio | 89.9487 |
| Volatility | 8.09 |