| GLD latest price $192.8900 (1.89%) ($189.4400 - $193.4000) on Fri. Mar. 1, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.74% (three month average) |
RSI | 67 |
Latest Price | $192.8900(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 0.5% a day on average for past five trading days. |
Weekly Trend | GLD advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDX(73%) GDXJ(73%) VIXM(29%) IWN(20%) VXX(20%) |
Factors Impacting GLD price | GLD will decline at least -0.37% in a week (0% probabilities). UUP(-32%) TLT(-11%) IVW(3%) QQQ(7%) JETS(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.37% (StdDev 0.74%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.4% |
| |
|
|