| GLD latest price $201.6300 (0.85%) ($200.4460 - $203.3000) on Fri. Mar. 8, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.71% (three month average) |
RSI | 96 |
Latest Price | $201.6300(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GLD advances 0.9% a day on average for past five trading days. |
Weekly Trend | GLD advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GLD advance at 0% a week (0% probability) GDX(74%) GDXJ(72%) VIXM(28%) XBI(24%) IWM(23%) |
Factors Impacting GLD price | GLD will decline at least -0.355% in a week (0% probabilities). UUP(-34%) TLT(-14%) IVW(5%) JETS(9%) QQQ(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.355% (StdDev 0.71%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
| |
|
|