Trading Signals: GLD Stock Price Prediction and Forecast

^ GLD: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Wed. Oct. 28, 2020

Trading Signals: GLD Stock Price Prediction and Forecast (Thu. Nov. 18, 2004 - Fri. Jan. 15, 2021)

(SPDR Gold Shares)
GLD latest price $176.1300 (-1.61%) ($175.4400 - $176.8500) on Wed. Oct. 28, 2020.

Trend Analysis and Forecast

Trend Pattern   Oversold
Trend Narrative   Correction
Average Daily Price Swing   $1.17 (0.65% one month average)
Average Daily Percentage Swing   1.23% (three month average)
Weekly Trend Force   -0.1% (StdDev 1.23%)
Daily Moving Force   -0.5%
Rebound Strength   None(0%)
Trend   -0.02%
Latest Price   $176.1300(-1.61%)
Forecasted Low Price   175.51(-0.35%)
Forecasted High Price   177.01(0.5%)
Direction of Next Movement   Lower(-0.8%)
% Change Needed to Confirm Rebound   2.5% ((180.6))
% Change Needed for Trend Reversal   2%
Hourly Trend -0.7% [$177.57(-1.22), $178.12(-0.6)]
Stocks Behave Similarly   Similar Stock List
Complacency   6
Intraday Reversal Probability   There's a high probability the price will reverse sharply to upside intraday or next day..
Daily Trend   GLD declines -0.5% a day on average for past five trading days.
Weekly Trend   GLD declines -0.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support GLD decline at-0.7% a week (88% probability)
SLV(88%)    SIL(85%)    GDXJ(84%)    GDX(83%)    SILJ(81%)
Factors Impacting GLD price   GLD will decline at least -0.3% in a week (35% probabilities).
UUP(-55%)    VXX(-24%)    VIXM(-18%)    TBT(-17%)    XLF(-12%)
Trading Plan   Not Available

Valuation to SPY 1.9

Relative Volatility -1.5 (options are cheap)

Market Trend Strength   -1.1% (StdDev 1.23%)
Hourly BBV -2.1 ()
Intraday Trend -0.2%

Next Day Open Price   $175.95(-0.1%)
Resistance Level   $178.66
5 Day Moving Average   $178.23(-1.18%)
10 Day Moving Average   $178.64(-1.41%)
20 Day Moving Average   $178.66(-1.42%)
To recent high   -9.2%
To recent low   0.8%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. GLD price fluctuates within 0.65% (three month std-dev: 1.23% one year average std_dev: 0%) daily (68% of days).
$. GLD price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201128

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Oct_28_2020	178.66 (0.3%)	178.64 (-0.4%)	178.23 (-0.5%)	178.12	177.57(0%)	176.13(-1.61%)	175.44-176.85	-2(-2.2)	-2.1	-0.5%	-0.1%	0%	-0.02%	Oversold	Range(0.2%)	6	47	0.5	1.9	-2.4	Correction	175.57(-0.32%)	175.44-176.07	11.73	-9.2%-0.8%
2	Oct_27_2020	178.73 (0.7%)	178.89 (0.1%)	179.13 (-0%)	178.72	178.79(0%)	179.02(0.26%)	178.51-179.43	0.1(0.3)	-0.4	%	0.1%	0%	0.04%	Correction	Range(0.1%)	6	57	0.5	0.9	-0.6	Uptrend	179.06(0.02%)	178.99-179.07	5.8	-7.7%-2.4%
3	Oct_26_2020	178.69 (0.7%)	178.77 (0.2%)	179.17 (0%)	179.15	178.67(0%)	178.55(-0.05%)	178.22-179.14	0(-0.1)	-0.4	%	-0.1%	0%	0.04%	N/A	Range(-0.1%)	6	56	0.5	0.5	-0.2	Uptrend	178.59(0.02%)	178.55-178.61	5.1	-7.9%-2.2%
4	Oct_23_2020	178.61 (0.4%)	178.95 (0.2%)	179.14 (0%)	179.21	178.65(0%)	178.64(-0.11%)	177.76-179.2	0.2(0)	-0.1	-0.3%	-0.1%	0%	0.04%	N/A	Range(-0.3%)	7	48	0.6	-0.8	0.8	Uptrend	178.71(0.04%)	178.57-178.78	5.91	-7.9%-2.2%
5	Oct_22_2020	178.44 (0.2%)	179.18 (0.3%)	179.07 (-0%)	179.26	179.63(0%)	178.83(-0.98%)	177.72-179.03	0.1(0.3)	-0.1	%	0.1%	0%	0.04%	Correction	Range(0.6%)	8	51	0.7	-0.7	0.6	Uptrend	178.87(0.02%)	178.79-178.91	8.38	-7.8%-2.3%

6	Oct_21_2020	178.29 (-0.1%)	179.1 (0.3%)	179.09 (0.3%)	179.3	179.77(0%)	180.6(0.75%)	180.23-181.31	1.2(1.4)	2.2	0.4%	0.2%	0%	0.04%	N/A	Range(0.6%)	7	56	0.7	0	0.1	Uptrend Reversal	181.14(0.3%)	180.68-181.44	7.53	-6.9%-4.4%
7	Oct_20_2020	178 (-0.4%)	178.76 (0.1%)	178.63 (0.2%)	178.72	178.9(0%)	179.25(0.48%)	178.08-179.67	0.7(0.8)	0.9	0.1%	0.1%	0%	-0%	N/A	Range(0.2%)	6	58	0.7	-0.4	0.2	Rebound	178.69(-0.31%)	179.25-178.46	7.12	-7.6%-4.9%
8	Oct_19_2020	177.96 (-0.6%)	178.57 (-0%)	178.32 (-0.2%)	178.7	178.83(0%)	178.39(0.05%)	178.37-179.48	0.3(0.3)	-2.7	0.1%	-0%	0%	-0.04%	Downtrend Consolidation	Range(0.1%)	6	51	0.7	-0.5	1.2	N/A	178.1(-0.16%)	178.03-178.15	6.09	-8%-4.4%
9	Oct_16_2020	178.01 (-0.5%)	178.67 (0.2%)	178.75 (-0.3%)	178.47	178.54(0%)	178.3(-0.35%)	178.13-179.32	0.2(0.2)	-3.5	-0.1%	-0%	0%	-0%	Growing Downtrend	Range(0.1%)	6	56	0.9	-1.3	0.9	N/A	178.09(-0.12%)	178.01-178.16	7.25	-8%-5.7%
10	Oct_15_2020	178.22 (-0.4%)	178.7 (0.5%)	179.31 (0.1%)	178.92	178.57(0%)	178.92(0.36%)	177.59-179.15	0.3(0.3)	0	%	-0%	0%	0.06%	N/A	Range(0%)	6	63	1	-1.3	0.7	N/A	178.87(-0.03%)	178.59-179.08	7.12	-7.7%-6%

11	Oct_14_2020	178.39 (-0.4%)	178.67 (0.5%)	179.1 (0.1%)	179.48	178.4(0%)	178.27(0.31%)	178.27-179.59	-0(-0)	-0.6	-0.2%	-0%	0%	0.06%	N/A	Range(-0.2%)	7	60	1.1	-1.6	0.9	N/A	178.47(0.11%)	178.27-178.64	10.57	-8.1%-5.7%
12	Oct_13_2020	178.65 (-0.4%)	178.58 (0.5%)	178.89 (0.1%)	179.23	179.27(0%)	177.72(-1.57%)	177.1-178.6	-0.3(-0.3)	-0.5	-0.3%	-0.1%	0%	0.08%	Downtrend Reversal	Range(0.4%)	8	60	1.2	-2.2	0.9	N/A	178.13(0.23%)	178.12-178.12	8.38	-8.3%-5.3%
13	Oct_12_2020	178.92 (-0.3%)	178.64 (0.5%)	178.8 (0.1%)	178.99	180.56(0%)	180.56(-0.29%)	180.19-180.83	0.5(0.6)	1.3	0.5%	0.1%	0%	0.08%	Growing Uptrend	Higher(0.7%)	8	54	1.3	-2.1	1.3	Uptrend Reversal	181.48(0.51%)	180.7-182	4.84	-6.9%-7%
14	Oct_9_2020	179.05 (-0.3%)	178.25 (0.3%)	178.57 (0.3%)	178.53	179.18(0%)	181.08(1.82%)	179.93-181.17	0.6(0.7)	1.4	0.6%	0.2%	0%	0.04%	Growing Uptrend	Higher(0.8%)	7	52	1.3	-1.5	1.1	Uptrend Reversal	182.02(0.52%)	181.23-182.56	18.31	-6.6%-7.3%
15	Oct_8_2020	179.09 (-0.3%)	177.63 (-0%)	178.06 (-0.1%)	178.23	177.41(0%)	177.85(0.36%)	176.67-178.45	-0.5(-0.4)	-0.5	-0.2%	0.1%	0%	-0.04%	N/A	Range(-0.1%)	6	35	1.3	-2.2	1.1	Rebound	178.6(0.42%)	177.55-179.04	6.52	-8.3%-5.4%

16	Oct_7_2020	179.31 (-0.3%)	177.41 (-0.2%)	178.23 (0%)	178.45	177.88(0%)	177.22(-0.05%)	176.43-177.42	-0.7(-0.7)	-1.3	-0.4%	0%	0%	-0.08%	N/A	Range(-0.4%)	6	34	1.4	-2.2	0.7	The Bottom	177.66(0.25%)	176.54-178.59	6.39	-8.6%-5%
17	Oct_6_2020	179.6 (-0.3%)	177.19 (-0.5%)	178.21 (-0.1%)	178.87	179.04(0%)	177.3(-1.18%)	177.05-180.37	-0.7(-0.8)	-2.6	%	-0.1%	0%	-0.14%	Downtrend Downtrend Pop	Range(0.5%)	6	32	1.4	-1.3	0.3	Downtrend	176.91(-0.22%)	176.55-177.75	8.81	-8.6%-5.5%
18	Oct_5_2020	179.8 (-0.4%)	177.31 (-0.6%)	178.39 (0.3%)	178.57	179.01(0%)	179.41(0.49%)	178.9-180.14	-0.1(-0.1)	1.9	0.2%	-0%	0%	-0.18%	Uptrend Reversal	Range(0.2%)	5	37	1.4	-1.6	0.5	Downtrend Consolidation	179.07(-0.19%)	179.56-178.9	7.03	-7.5%-6.8%
19	Oct_2_2020	179.91 (-0.5%)	177.27 (-0.8%)	177.85 (0.4%)	178.15	178.7(0%)	178.54(-0.09%)	178.16-179.29	-0.3(-0.4)	2.5	0.3%	-0.2%	0%	-0.24%	Downtrend Consolidation	Range(0.1%)	4	33	1.4	-0.3	0.7	Downtrend	177.86(-0.38%)	177.47-178.77	7.51	-7.9%-6.9%
20	Oct_1_2020	180.04 (-0.5%)	177.67 (-1%)	177.13 (0.4%)	177.51	178.13(0%)	178.7(0.89%)	178.04-179.5	-0.3(-0.4)	3.1	0.4%	-0.2%	0%	-0.28%	Downtrend Consolidation	Range(0.2%)	3	39	1.4	-0.7	0.9	Downtrend	177.91(-0.44%)	177.48-178.93	10.55	-7.8%-7.3%

21	Sep_30_2020	180.23 (-0.6%)	178.03 (-1.1%)	176.48 (0.3%)	176.48	177.6(0%)	177.12(-0.6%)	176.66-178.61	-0.8(-1)	1	0.4%	-0.3%	0%	-0.32%	Rebound Downtrend Pop	Range(0.4%)	2	35	1.4	-0.8	0.8	Downtrend	176.22(-0.51%)	175.6-177.65	8.34	-8.6%-6.3%
22	Sep_29_2020	180.62 (-0.6%)	178.67 (-1.1%)	176.01 (-0.1%)	175.84	176.89(0%)	178.19(0.84%)	176.95-178.33	-0.7(-0.8)	1.3	0.5%	-0.2%	0%	-0.34%	Rebound	Range(0.3%)	2	35	1.4	-0.2	0.9	Downtrend	177.14(-0.59%)	176.48-178.66	8.7	-8.1%-6.9%
23	Sep_28_2020	180.95 (-0.5%)	179.16 (-1.1%)	176.1 (-0.3%)	175.37	175.37(0%)	176.7(1.01%)	175.09-176.81	-1.2(-1.3)	0.7	%	-0.3%	0%	-0.32%	Growing Downtrend	Range(-0.3%)	2	38	1.4	-0.8	0.9	Growing Downtrend	175.9(-0.45%)	175.13-177.41	7.07	-8.9%-6%
24	Sep_25_2020	181.34 (-0.5%)	179.86 (-1%)	176.67 (-0.9%)	176.12	174.79(0%)	174.94(-0.28%)	173.89-175.3	-1.8(-2.1)	-5.6	-0.5%	-0.4%	0%	-0.28%	Growing Downtrend	Lower(-0.8%)	3	31	1.4	-0.4	1.1	Growing Downtrend	174.24(-0.4%)	173.44-175.99	6.66	-9.8%-5.5%
25	Sep_24_2020	181.7 (-0.4%)	180.65 (-0.7%)	178.32 (-0.8%)	177.23	175.37(0%)	175.44(0.37%)	173.77-176.24	-2(-2.3)	-2.3	-1.1%	-0.4%	0%	-0.2%	Growing Downtrend	Lower(-1.5%)	4	35	1.2	0.6	1.2	Growing Downtrend	175.09(-0.2%)	174.51-176.43	11.69	-9.5%-5.8%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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