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WISDOMTREE CORE PHYSICAL GLD (WGLD.MI) Stock Technical Analysis

BIT:WGLD - Euronext Milan - JE00BN2CJ301 - ETF - Currency: EUR

289.08  -2.65 (-0.91%)

Technical Rating and Analysis

9

Overall WGLD gets a technical rating of 9 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, WGLD is showing a nice and steady performance.

Warning: WGLD has an average volume of 1624 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WGLD did better than 82% of all other stocks. On top of that, WGLD also shows a nice and consistent pattern of rising prices.
WGLD 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 WGLD is performing more or less in line with the market.
In the last month WGLD has a been trading in the 278.12 - 297.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WGLD is part of the Capital Markets industry. There are 114 other stocks in this industry, WGLD did better than 67% of them.
Weekly and Daily overview Charts
WISDOMTREE CORE PHYSICAL GLD / WGLD Weekly stock chart
WISDOMTREE CORE PHYSICAL GLD / WGLD Daily stock chart
Setup Rating and Analysis

8

WGLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 294.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 288.35, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

262.90

300.60

We found 2 important support areas.

  • A support zone ranging from 283.46 to 288.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 265.56 to 265.57. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 294.92 to 297.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WGLD.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for WGLD.MI is up.
ChartMill Relative Strength82.06POSITIVEWGLD.MI has a high relative strength, it outperformed 82.06% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WGLD.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WGLD.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WGLD.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)51.14NEUTRALThe RSI value for WGLD.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.27NEGATIVEThe MACD value suggests WGLD.MI has a negative trend.
Stochastics (14,3)70.38NEUTRALThe Stochastics value for WGLD.MI is a neutral value.
Average True Range in percent/ATR (20)1.66LOW VOLATILITYThe low ATR as a percentage value for WGLD.MI suggests low volalility.
Average Directional Index/ADX (14)12.24NEGATIVEThe low ADX value for WGLD.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
297.63283.4514.18 (4.76%)20.99%
An entry @297.63. This is a Buy Stop order right above the resistance zone.An exit @283.45. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 14.18 points, which is 4.76%.When investing 20.99% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
WISDOMTREE CORE PHYSICAL GLD / WGLD Daily stock chart

WISDOMTREE CORE PHYSICAL GLD

BIT:WGLD (5/27/2025, 7:00:00 PM)

289.08

-2.65 (-0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.91%
1 Week-0.14%
2 Weeks-0.22%
1 Month-0.66%
3 Month6.13%
6 Month15.23%
12 Month31.15%
2 Year59.82%
3 Year64.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.62
ATR(20)%1.66%
ATR Inc-26.26%
Range Today2.02
ADR(20)3.45
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.06
Mansfield1.26
10 Day High295
10 Day Low278.12
20 Day High297.77
20 Day Low278.12
52 Week High300.91
52 Week Low212.27
CS1 End288.35
CR1 Start294.92
Volume & EV
DER(3)0%
DER(5)0%
Volume3.00K
Volume Incr12.3%
Vol(5)1.67K
Vol(50)1.62K