ABRDN PRECIOUS METALS BASKET (GLTR) Technical Analysis
NYSEARCA:GLTR • US0032631006
Current stock price
GLTR Technical Rating and Analysis
Taking everything into account, GLTR scores 5 out of 10 in our technical rating. In the last year, GLTR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, GLTR did better than 84% of all other stocks. On top of that, GLTR also shows a nice and consistent pattern of rising prices.
- 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.
- GLTR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GLTR is lagging the market slightly.
- In the last month GLTR has a been trading in the 200.36 - 250.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GLTR Weekly and Daily overview Charts
GLTR Setup Rating and Analysis
Although the technical rating is only medium, GLTR 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 220.92. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GLTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GLTR Support and Resistance Analysis
198.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 210.80 to 211.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 200.51 to 205.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 220.92 to 222.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GLTR Technical Indicator Signal Analysis
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 GLTR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLTR is down. |
| ChartMill Relative Strength | 84.98 | POSITIVE | GLTR has a high relative strength, it outperformed 84.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.76 | NEUTRAL | The RSI value for GLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests GLTR has a positive trend. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for GLTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for GLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for GLTR suggests a possible start of a new trend. |
GLTR Chart- and CandleStick Pattern Analysis
GLTR Technicals: Chart, Performance Metrics, Trend & Indicators
215.77
-0.35 (-0.16%)
ABRDN PRECIOUS METALS BASKET / GLTR TA FAQ
Can you provide the ChartMill technical rating for ABRDN PRECIOUS METALS BASKET?
ChartMill assigns a technical rating of 5 / 10 to GLTR.
Can you provide the trend direction for ABRDN PRECIOUS METALS BASKET?
The current trend direction for ABRDN PRECIOUS METALS BASKET (GLTR) is Bullish.
Can you provide the RSI signal for ABRDN PRECIOUS METALS BASKET?
ABRDN PRECIOUS METALS BASKET (GLTR) has an RSI value of 44.7615. This indicates that the stock is currently neutral.
What is the buy/sell signal for ABRDN PRECIOUS METALS BASKET (GLTR) stock?
The buy/sell signal for ABRDN PRECIOUS METALS BASKET (GLTR) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for ABRDN PRECIOUS METALS BASKET (GLTR) stock?
ABRDN PRECIOUS METALS BASKET (GLTR) has a support level at 211.1 and a resistance level at 220.92. Check the full technical report for our detailed analysis of GLTR support and resistance levels.