GOLDMAN SACHS PHYSICAL GOLD (AAAU) Stock Technical Analysis
USA - NYSEARCA:AAAU - US38150K1034 - ETF
36.34 USD
+0.36 (+0.99%)
36.39 USD
+0.05 (+0.14%)
We assign a technical rating of 10 out of 10 to AAAU. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AAAU did better than 82% of all other stocks. We also observe that the gains produced by AAAU over the past year are nicely spread over this period.
A new 52 week high is currently being made by AAAU, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AAAU has a been trading in the 32.73 - 36.38 range, which is quite wide. It is currently trading near the high of this range.
AAAU has an average volume of 2400910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although AAAU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.56
36.71
3 important support areas can be observed.
- A support zone ranging from 33.64 to 34.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.89 to 32.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.35 to 36.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 82.3 | POSITIVE | AAAU has a high relative strength, it outperformed 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAAU is above the rising 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) | 79.92 | OVERBOUGHT | The high RSI value suggests AAAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AAAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.65 | OVERBOUGHT | The high Stochastics value suggests AAAU may be overbought. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for AAAU suggests low volalility. |
| Average Directional Index/ADX (14) | 36.48 | POSITIVE | The high ADX value value for AAAU suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
36.34
+0.36 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.99%
1 Week1.17%
2 Weeks6.57%
1 Month10.2%
3 Month9.29%
6 Month21.74%
12 Month40.17%
2 Year98.47%
3 Year120.31%
5 Year93.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%0.92%
ATR Inc-23.03%
Range Today0.31
ADR(20)0.26
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.3
Mansfield0.87
10 Day High36.39
10 Day Low34.35
20 Day High36.39
20 Day Low32.73
52 Week High36.39
52 Week Low25.28
CS1 End34.49
CR1 Start36.35
Volume & EV
DER(3)-3.35%
DER(5)-5.25%
Volume1.79M
Volume Incr17.48%
Vol(5)1.97M
Vol(50)2.40M