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.
Indicator | Last | Sentiment* |
GLD 20-day Moving Average | 216.77 | Bearish |
GLD 50-day Moving Average | 206.83 | Bullish |
GLD MACD (12,26) | 0.24 | MACD sentiment is Bearish |
GLD MACD Signal | 4.77 | |
GLD MACD Histogram | -4.53 | |
GLD 50-day Raw Stochastics | 67.82 | Bullish |
GLD Stochastics %K(50) | 68.86 | |
GLD Stochastics %D(50) | 69.41 | |
GLD RSI, Relative Strength Index (20) | 28.88 | Strongly Bearish |
GLD Average Gain | 0.39 | |
GLD Average Loss | 0.96 | |
GLD MFI, Money Flow Index (14) | 44.77 | Bearish, yet close to become Bullish |
GLD Positive Money Flow | 11,117 M | |
GLD Negative Money Flow | 13,716 M | |
GLD 20-day Volume Oscillator | 1.14 | Strong Bearish Volume |
GLD Percentage Volume Oscillator | 13.59 | |
GLD MV Oscillator | -13.59 | |
GLD 20-day Average True Range (ATR) | 3.33 | Bearish -5.5 |
GLD 14-day Standard Deviation | 2.99 | |
GLD 14-day Relative Deviation | 1.38 % | |
GLD Annualized Volatility | 21.96 | |
GLD Overall Mid-Term Sentiment | -5.5 (Bearish) |
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.
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.