AMUNDI NYSE ARCA GOLD BUGS U (GLDM.PA) Stock Technical Analysis
EPA:GLDM - Euronext Paris - Matif - LU2611731824 - ETF - Currency: EUR
We assign a technical rating of 9 out of 10 to GLDM. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month GLDM has a been trading in the 34.01 - 37.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GLDM has an average volume of 6412 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, GLDM did better than 89% of all other stocks. On top of that, GLDM also shows a nice and consistent pattern of rising prices.
GLDM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLDM is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
Although GLDM has an excellent technical rating, it does not offer a high quality setup 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
25.33
37.56
We found 6 important support areas.
- A support zone ranging from 33.89 to 34.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.19 from a trend line in the weekly time frame.
- Support @30.51 from a trend line in the daily time frame.
- Support @29.24 from a horizontal line in the daily time frame.
- Support @27.90 from a horizontal line in the daily time frame.
- Support @25.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.96 to 37.19. 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 GLDM.PA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLDM.PA is down. |
| ChartMill Relative Strength | 89.54 | POSITIVE | GLDM.PA has a high relative strength, it outperformed 89.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GLDM.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GLDM.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLDM.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.37 | NEUTRAL | The RSI value for GLDM.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests GLDM.PA has a negative trend. |
| Stochastics (14,3) | 10.11 | OVERSOLD | The low Stochastics value suggests GLDM.PA may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDM.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for GLDM.PA suggests a weak or negative 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)
EPA:GLDM (6/30/2025, 7:00:00 PM)
34.398
+0.39 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.15%
1 Week-4.89%
2 Weeks-6.93%
1 Month0.77%
3 Month17.67%
6 Month25.63%
12 Month32.3%
2 Year62.94%
3 Year61.3%
5 Year-62.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%2.48%
ATR Inc0.5%
Range Today0.37
ADR(20)0.66
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.54
Mansfield0.7
10 Day High37.18
10 Day Low34.01
20 Day High37.5
20 Day Low34.01
52 Week High37.5
52 Week Low24.36
CS1 End34
CR1 Start36.96
Volume & EV
DER(3)0%
DER(5)0%
Volume1.94K
Volume Incr-39.22%
Vol(5)2.14K
Vol(50)6.41K