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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
SPDR Gold MiniShares Trust (PACF:GLDM)
Countertrend Up (+85) - GLDM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Oct 20th, 2023 at 39.37
The intermediate-term trend has been UP since Feb 29th, 2024 at 40.54
The short-term trend has been DOWN since Apr 22nd, 2024 at 46.81
Smart Scan Analysis for GLDM
Based on our trend formula, GLDM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.9900 | 46.3424 | 45.9200 | 46.1000 | +0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.0400 | 2197857 | 2024-04-24 13:02:39 |
| Year High | 12.64 | Year High Date | 2018-07-09 |
| Year Low | 11.7363 | Year Low Date | 2018-08-16 |
| 52wk High | 48.21 | 52wk High Date | 2024-04-12 |
| 52wk Low | 35.99 | 52wk Low Date | 2023-10-05 |
| Average Volume | 6,445,447 | Assets | 608,885,200M |
| Liabilities | 501,000M | P/E Ratio | 89.9487 |
| Volatility | 8.09 |