GOLDMAN SACHS PHYSICAL GOLD (AAAU) Stock Technical Analysis
NYSEARCA:AAAU - NYSE Arca - US38150K1034 - ETF - Currency: USD
Taking everything into account, AAAU scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAAU is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AAAU is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by AAAU over the past year are nicely spread over this period.
AAAU is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month AAAU has a been trading in the 31.57 - 34.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AAAU has an average volume of 2029780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 a resistance zone just above the current price starting at 33.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.79, a Stop Loss order could be placed below this zone.
More info and screens
25.54
34.17
When analyzing the support we can see 5 important areas.
- A support zone ranging from 32.73 to 32.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.74 to 30.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.44 from a horizontal line in the daily time frame.
- A support zone ranging from 28.23 to 28.36. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @25.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.83 to 33.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.32
Mansfield2.41
10 Day High33.82
10 Day Low31.66
20 Day High34.04
20 Day Low31.57
52 Week High34.04
52 Week Low22.64
Performance
1 Week2.88%
2 Weeks0.67%
1 Month4.93%
3 Month16.23%
6 Month23.8%
12 Month40.53%
2 Year68.87%
3 Year80.26%
5 Year90.33%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)56.02
LBB31.82
UBB33.81
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 |
|---|---|---|---|
| 33.84 | 32.72 | 1.12 (3.31%) | 25.00% |
| An entry @33.84. This is a Buy Stop order right above the resistance zone. | An exit @32.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 3.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- 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.
32.87
+0.21 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week2.88%
2 Weeks0.67%
1 Month4.93%
3 Month16.23%
6 Month23.8%
12 Month40.53%
2 Year68.87%
3 Year80.26%
5 Year90.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.08%
ATR Inc-13.11%
Range Today0.26
ADR(20)0.4
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.32
Mansfield2.41
10 Day High33.82
10 Day Low31.66
20 Day High34.04
20 Day Low31.57
52 Week High34.04
52 Week Low22.64
CS1 End32.79
CR1 Start33.83
Volume & EV
DER(3)-7.67%
DER(5)-2.96%
Volume2.33M
Volume Incr-24.76%
Vol(5)1.88M
Vol(50)2.03M