AMUNDI PHYSICAL GOLD ETC (GOLD.MI) Stock Technical Analysis
BIT:GOLD - Euronext Milan - FR0013416716 - ETF - Currency: EUR
Overall GOLD gets a technical rating of 7 out of 10. In the last year, GOLD was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: GOLD has an average volume of 12276 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that GOLD is one of the better performing stocks in the market, outperforming 73% of all stocks. On top of that, GOLD also shows a nice and consistent pattern of rising prices.
GOLD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GOLD is performing more or less in line with the market.
In the last month GOLD has a been trading in a tight range between 111.17 and 116.15.
GOLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 114.61, a Stop Loss order could be placed below this zone.
More info and screens
109.69
119.95
When analyzing the support we notice one important area.
- A support zone ranging from 110.80 to 114.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 117.62 to 118.76. 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 GOLD.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOLD.MI is neutral. |
| ChartMill Relative Strength | 73.24 | POSITIVE | GOLD.MI has a high relative strength, it outperformed 73.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOLD.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GOLD.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOLD.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.88 | NEUTRAL | The RSI value for GOLD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests GOLD.MI has a positive trend. |
| Stochastics (14,3) | 51.08 | NEUTRAL | The Stochastics value for GOLD.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for GOLD.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for GOLD.MI 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)
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 |
|---|---|---|---|
| 116.16 | 112.59 | 3.57 (3.07%) | 25.00% |
| An entry @116.16. This is a Buy Stop order right above the 10 day high. | An exit @112.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.57 points, which is 3.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- 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.
BIT:GOLD (8/1/2025, 7:00:00 PM)
115.15
+0.84 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.73%
1 Week2.31%
2 Weeks0.89%
1 Month2.63%
3 Month1.5%
6 Month7.45%
12 Month30.41%
2 Year62.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%0.95%
ATR Inc0.56%
Range Today1.01
ADR(20)0.91
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.24
Mansfield0.21
10 Day High116.15
10 Day Low112.6
20 Day High116.15
20 Day Low111.17
52 Week High120.02
52 Week Low85.79
CS1 End114.61
CR1 Start117.62
Volume & EV
DER(3)0%
DER(5)0%
Volume11.63K
Volume Incr20.93%
Vol(5)13.88K
Vol(50)12.28K