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Stock Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

SPDR Gold MiniShares Trust (PACF:GLDM)

Sidelines Mode (-55) - GLDM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

PACF_GLDM
Open High Low GLDM Price Change
35.3700 35.4399 35.2700 35.3300 -0.4500
Entry Signal

MarketClub’s Trade Triangles for GLDM

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 35.79

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 35.10

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 35.45

Smart Scan Analysis for GLDM

Based on our trend formula, GLDM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GLDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.3700 35.4399 35.2700 35.3300 -0.4500
Prev. Close Volume Bid Ask Time
35.3400 1734766 2022-08-15 15:59:26
Year High12.64Year High Date2018-07-09
Year Low11.7363Year Low Date2018-08-16
52wk High41.1452wk High Date2022-03-08
52wk Low33.67552wk Low Date2022-07-20
Average Volume1,568,793Assets522,297,500M
Liabilities420,000MP/E Ratio10.0224
Volatility8.09
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