Mid-Term SPDR GOLD TRUST (GLD) Sentiment Analysis


This is an example only of the technical analysis that could be used in an automated trading system. we do not use exact model, yet, principles of analysis and generating trading signals are similar.

IndicatorLastSentiment*
GLD 20-day Moving Average216.77 Bearish
GLD 50-day Moving Average206.83 Bullish
GLD MACD (12,26)0.24 MACD sentiment is Bearish
GLD MACD Signal4.77
GLD MACD Histogram-4.53
GLD 50-day Raw Stochastics67.82 Bullish
GLD Stochastics %K(50)68.86
GLD Stochastics %D(50)69.41
GLD RSI, Relative Strength Index (20)28.88Strongly Bearish
GLD Average Gain0.39
GLD Average Loss0.96
GLD MFI, Money Flow Index (14)44.77 Bearish, yet close to become Bullish
GLD Positive Money Flow11,117 M
GLD Negative Money Flow13,716 M
GLD 20-day Volume Oscillator1.14Strong Bearish Volume
GLD Percentage Volume Oscillator13.59
GLD MV Oscillator-13.59
GLD 20-day Average True Range (ATR)3.33Bearish
-5.5
GLD 14-day Standard Deviation2.99
GLD 14-day Relative Deviation1.38 %
GLD Annualized Volatility21.96
GLD Overall Mid-Term Sentiment
-5.5 (Bearish)

About SPDR GOLD TRUST (GLD) Sentiment

The SPDR GOLD TRUST sentiment above is 100% mechanical and based on the GLD technical indicators. The SPDR GOLD TRUST sentiment is measured in the frame from minus 12 to plus 12 where GLD sentiment below minus 10 and above pus 10 is associated as oversold and overbought sentiment respectfully. Yet, the SPDR GOLD TRUST overbought and oversold readings may not necessary signal coming reversal, but rather indicate that the GLD stock is predisposed to a reversal.

Our trading signals in the members' area are not based on the same trading system. Therefore the trading signals may not necessary go along with sentiment you see in the table above.

About SPDR GOLD TRUST (GLD) Stock

GLD tracks the Gold Bullion. This ETF is designed to track the spot price of gold bullion GLD fund belons to the "Precious Metals" stock marketsector. This exchange traded fund was lunched on Thursday, November 18, 2004.

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