Free Daily Analysis

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.

Open High Low GLDM Price Change
37.190 37.240 36.855 37.045 -0.195
Entry Signal

MarketClub’s Trade Triangles for GLDM

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 37.560

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2023 at 37.715

short term down 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).

Smart Scan Analysis for GLDM
Strong Downtrend Sideways 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 High12.64Year High Date2018-07-09
Year Low11.7363Year Low Date2018-08-16
52wk High40.8752wk High Date2023-05-04
52wk Low32.1252wk Low Date2022-11-03
Average Volume812,363Assets608,885,200M
Liabilities501,000MP/E Ratio89.9487
Get a free daily analysis and signals for SPDR Gold MiniShares Trust (GLDM) - Request Your Free Report.