AAAU Stock Goldman Sachs Physical Gold ETF (AAAU, $26.9) Moving Average Convergence Divergence (MACD) Histogram turned positive on October 18, 2024

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AAAU - Goldman Sachs Physical Gold ETF

MACD signal

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Odds of UP Trend

Price: $26.9

Daily change: +$0.28 (+1.05%)

Daily volume: 2.1M

Net Assets: $913.2M

AAAU's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for AAAU turned positive on October 18, 2024. Looking at past instances where AAAU's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on AAAU as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AAAU advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 291 cases where AAAU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAAU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AAAU broke above its upper Bollinger Band on October 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.