US GLB GLD & METAL MNRS ETF (GOAU) Stock Technical Analysis
NYSEARCA:GOAU - NYSE Arca - US26922A7191 - ETF - Currency: USD
Taking everything into account, GOAU 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, GOAU is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GOAU did better than 93% of all other stocks. We also observe that the gains produced by GOAU over the past year are nicely spread over this period.
GOAU is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GOAU is leading the market.
In the last month GOAU has a been trading in the 25.35 - 31.23 range, which is quite wide. It is currently trading near the high of this range.
Although GOAU 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
18.81
30.10
We found 7 important support areas.
- A support zone ranging from 26.65 to 27.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.13 from a horizontal line in the weekly time frame.
- Support @25.64 from a horizontal line in the daily time frame.
- Support @25.16 from a trend line in the daily time frame.
- Support @21.36 from a trend line in the weekly time frame.
- Support @19.33 from a horizontal line in the daily time frame.
- Support @19.00 from a horizontal line in the weekly 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 GOAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOAU is up. |
| ChartMill Relative Strength | 93.79 | POSITIVE | GOAU has a high relative strength, it outperformed 93.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.56 | NEUTRAL | The RSI value for GOAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests GOAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.39 | OVERBOUGHT | The high Stochastics value suggests GOAU may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for GOAU suggests some volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for GOAU suggests a strong 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)
29.8
-0.84 (-2.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.74%
1 Week3.33%
2 Weeks7.19%
1 Month8.6%
3 Month33.57%
6 Month42.79%
12 Month56.51%
2 Year80.76%
3 Year106.51%
5 Year42.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%2.7%
ATR Inc18.57%
Range Today0.8
ADR(20)0.66
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.79
Mansfield2.79
10 Day High31.23
10 Day Low27.84
20 Day High31.23
20 Day Low25.35
52 Week High31.23
52 Week Low18.4
CS1 End27.59
CR1 StartN/A
Volume & EV
DER(3)-0.99%
DER(5)1%
Volume32.40K
Volume Incr17.62%
Vol(5)36.12K
Vol(50)37.81K