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Stock Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
SPDR Gold Trust (PACF:GLD)
Sidelines Mode (-55) - GLD 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 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.
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MarketClub’s Trade Triangles for GLD
The long-term trend has been DOWN since Aug 16th, 2023 at 175.79
The intermediate-term trend has been UP since Aug 30th, 2023 at 180.15
The short-term trend has been DOWN since Sep 21st, 2023 at 178.38
Smart Scan Analysis for GLD
Based on our trend formula, GLD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 178.65 | 178.95 | 178.51 | 178.63 | +0.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 178.62 | 3393161 | 2023-09-22 15:59:57 |
| Year High | 129.515 | Year High Date | 2018-01-25 |
| Year Low | 111.06 | Year Low Date | 2018-08-15 |
| 52wk High | 191.36 | 52wk High Date | 2023-05-04 |
| 52wk Low | 150.5703 | 52wk Low Date | 2022-11-03 |
| Year End Close | 162.02 | Average Volume | 5,515,678 |
| Shares Outstanding | 241,100 | Assets | 591,598,700M |
| Liabilities | 111,153,000M | P/E Ratio | 41.2995 |
| Beta | 0.48 | Volatility | 7.68 |