| GLD latest price $187.5200 (1.93%) ($184.5150 - $187.6400) on Tue. May. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 50 |
Latest Price | $187.5200(1.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 0.2% a day on average for past five trading days. |
Weekly Trend | GLD declines -0.5% 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 advance at 0% a week (0% probability) GDX(77%) GDXJ(76%) SLV(76%) SIL(72%) SHY(52%) |
Factors Impacting GLD price | GLD will decline at least -0.51% in a week (0% probabilities). TBT(-39%) UUP(-35%) ARKG(-11%) ARKK(-9%) BOTZ(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.51% (StdDev 1.02%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.6% |
| |
|
|