| GLD latest price $193.8900 (1.33%) ($192.5210 - $194.4500) on Thu. Aug. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.84% (three month average) |
RSI | 95 |
Latest Price | $193.8900(1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 1.1% a day on average for past five trading days. |
Weekly Trend | GLD advances 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDX(80%) SLV(80%) GDXJ(79%) SIL(76%) BWX(48%) |
Factors Impacting GLD price | GLD will decline at least -0.42% in a week (0% probabilities). UUP(-34%) TBT(-18%) IGOV(-9%) VIXM(-8%) VXX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.42% (StdDev 0.84%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
| |
|
|