SPDR Gold Shares (GLD)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
SPDR Gold Shares is trading at $392.76, down 1.83% on the session. The 50 day average sits at $392.97 and the 200 day at $416.22, which puts the stock in a downtrend. RSI is at 50.6, which reads as neutral, and MACD is bearish crossover. Volume is below average.
The nearest support is around $397.87 with resistance near $407.36, so that band frames the current range. Average daily movement is roughly $7.75, or about 2.0% of the share price, which is what any stop placement has to allow for. The overall health score of 45 out of 100 combines a trend score of 23, momentum of 40 and a risk score of 89.
Technical indicators
About SPDR Gold Shares
The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.