Stock Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
SPDR Gold Trust (PACF:GLD)
Crossroads (+60) - GLD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for GLD
The long-term trend has been DOWN since Jul 1st, 2022 at 168.01
The intermediate-term trend has been UP since Nov 8th, 2022 at 156.60
The short-term trend has been UP since Nov 25th, 2022 at 163.24
Smart Scan Analysis for GLD
Based on our trend formula, GLD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||129.515||Year High Date||2018-01-25|
|Year Low||111.06||Year Low Date||2018-08-15|
|52wk High||193.3||52wk High Date||2022-03-08|
|52wk Low||150.5703||52wk Low Date||2022-11-03|
|Year End Close||162.02||Average Volume||5,706,607|