GOLDMAN SACHS PHYSICAL GOLD (AAAU) Stock Technical Analysis
USA - NYSEARCA:AAAU - US38150K1034 - ETF
Taking everything into account, AAAU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AAAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, AAAU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 39.48, a Stop Loss order could be placed below this zone.
More info and screens
30.53
4 important support areas can be observed.
- A support zone ranging from 37.79 to 39.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.06 from a trend line in the daily time frame.
- A support zone ranging from 31.80 to 31.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.84 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAAU is up. |
| ChartMill Relative Strength | 89.52 | POSITIVE | AAAU has a high relative strength, it outperformed 89.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAAU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.36 | NEUTRAL | The RSI value for AAAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests AAAU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.09 | OVERSOLD | The low Stochastics value suggests AAAU may be oversold. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AAAU suggests some volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for AAAU suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.86 | 38.63 | 1.23 (3.09%) | 25.00% |
| An entry @39.86. This is a Buy Stop order right above the 10 day high. | An exit @38.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.23 points, which is 3.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of AAAU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
39.515
+0.23 (+0.6%)
GOLDMAN SACHS PHYSICAL GOLD / AAAU FAQ
Can you provide the ChartMill technical rating for GOLDMAN SACHS PHYSICAL GOLD?
ChartMill assigns a technical rating of 10 / 10 to AAAU.
Can you provide the trend direction for GOLDMAN SACHS PHYSICAL GOLD?
The current trend direction for GOLDMAN SACHS PHYSICAL GOLD (AAAU) is Bullish.
What is the RSI signal for GOLDMAN SACHS PHYSICAL GOLD (AAAU) stock?
GOLDMAN SACHS PHYSICAL GOLD (AAAU) has an RSI value of 51.3644. This indicates that the stock is currently neutral.
What is the MACD signal for AAAU stock?
The MACD indicator for GOLDMAN SACHS PHYSICAL GOLD (AAAU) has a value of -0.271256, indicating a bearish trend.
What is the buy/sell signal for GOLDMAN SACHS PHYSICAL GOLD (AAAU) stock?
The buy/sell signal for GOLDMAN SACHS PHYSICAL GOLD (AAAU) is buy as both the short term and long term trends are positive.