FT VEST GOLD STRATEGY QUARTE (BGLD) Stock Technical Analysis
NYSEARCA:BGLD - NYSE Arca - US33733E8497 - ETF - Currency: USD
Taking everything into account, BGLD scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BGLD is only an average performer.
Although the technical rating is only medium, BGLD does present a nice setup opportunity. 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 21.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.64, a Stop Loss order could be placed below this zone.
More info and screens
18.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.25 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.39 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.80 to 21.83. 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 BGLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGLD is neutral. |
| ChartMill Relative Strength | 40.7 | NEUTRAL | BGLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BGLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.9 | NEUTRAL | The RSI value for BGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BGLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.95 | NEUTRAL | The Stochastics value for BGLD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for BGLD suggests low volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for BGLD suggests a weak or negative 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 |
|---|---|---|---|
| 21.84 | 21.14 | 0.70 (3.21%) | 25.00% |
| An entry @21.84. This is a Buy Stop order right above the resistance zone. | An exit @21.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.70 points, which is 3.21%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- 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.
NYSEARCA:BGLD (7/14/2025, 1:37:01 PM)
21.77
+0.1 (+0.46%)