| GLD latest price $169.5100 (-0.05%) ($169.2400 - $170.5200) on Wed. Nov. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Trend Pattern | Growing Downtrend |
| Trend Narrative | Downtrend |
| Average Daily Price Swing | $3.26 (1.85% one month average) |
| Average Daily Percentage Swing | 1.03% (three month average) |
| Weekly Trend Force | -0.3% (StdDev 1.03%) |
| Daily Moving Force | -0.9% |
| Rebound Strength | None(0%) |
| Trend | -0.28% |
| Trend Strength | -1% |
| RSI | 18 |
| Momentum | 1.8 |
| Latest Price | $169.5100(-0.05%) |
| Forecasted Low Price | 166.97(-1.5%) |
| Forecasted High Price | 170.02(0.3%) |
| Direction of Next Movement | Lower(-1.6%) |
| % Change Needed to Confirm Rebound | 3.3% ((175.13)) |
| % Change Needed for Trend Reversal | 3.3% |
| Hourly Trend | -1.1% [$169.58(-1.89), $172.17(-1.23)] |
| Stocks Behave Similarly | Similar Stock List |
| Complacency | 3 |
| Intraday Reversal Probability | There's a high probability the price will reverse sharply to upside intraday or next day.. |
| Daily Trend | GLD declines -0.7% a day on average for past five trading days. |
| Weekly Trend | GLD declines -1.7% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support GLD decline at-0.4% a week (88% probability)
SLV(87%) SIL(85%) GDXJ(83%) GDX(82%) SILJ(80%) |
| Factors Impacting GLD price | GLD will advance at least 0% in a week (37% probabilities).
UUP(-58%) VXX(-19%) UNG(-14%) TBT(-11%) XLE(-10%) |
| Trading Plan | Not Available |
| | |
| Valuation to SPY | -1.7 |
| | |
| Relative Volatility | 2.3 (options are extremely expensive) |
| | |
| Market Trend Strength | -0.7% (StdDev 1.03%) |
| Hourly BBV | -2.1 () |
| Intraday Trend | -0.3% |
| | |
| |
|