SPDR GOLD MINISHARES TRUST (GLDM) Stock Technical Analysis
USA - NYSEARCA:GLDM - US98149E3036 - ETF
Overall GLDM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLDM is showing a nice and steady performance.
Although GLDM has an excellent technical rating, the quality of the presented setup is not ideal 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.
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61.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 77.96 to 79.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.72 from a trend line in the daily time frame.
- A support zone ranging from 63.92 to 63.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 79.78 to 80.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 GLDM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLDM is up. |
| ChartMill Relative Strength | 91.44 | POSITIVE | GLDM has a high relative strength, it outperformed 91.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLDM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLDM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLDM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.03 | NEUTRAL | The RSI value for GLDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GLDM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.52 | NEUTRAL | The Stochastics value for GLDM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for GLDM suggests a possible start of a new trend. |
NYSEARCA:GLDM (11/17/2025, 3:15:09 PM)
79.495
-1.41 (-1.74%)
SPDR GOLD MINISHARES TRUST / GLDM FAQ
What is the ChartMill technical rating of SPDR GOLD MINISHARES TRUST (GLDM) stock?
ChartMill assigns a technical rating of 10 / 10 to GLDM.
What is the trend direction for GLDM stock?
The current trend direction for SPDR GOLD MINISHARES TRUST (GLDM) is Bullish.
Can you provide the RSI signal for SPDR GOLD MINISHARES TRUST?
SPDR GOLD MINISHARES TRUST (GLDM) has an RSI value of 54.0282. This indicates that the stock is currently neutral.
What is the MACD signal for GLDM stock?
The MACD indicator for SPDR GOLD MINISHARES TRUST (GLDM) has a value of 0.0273222, indicating a bearish trend.
What are the support and resistance levels for SPDR GOLD MINISHARES TRUST (GLDM) stock?
SPDR GOLD MINISHARES TRUST (GLDM) has a support level at 80.5. Check the full technical report for our detailed analysis of GLDM support and resistance levels.