GYLD sees MACD Histogram just turned negative
GYLD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 36 instances where the indicator turned negative. In of the 36 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
GYLD moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GYLD crossed bearishly below the 50-day moving average on September 13, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GYLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GYLD broke above its upper Bollinger Band on September 15, 2023. 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.
The Aroon Indicator for GYLD entered a downward trend on August 28, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 20, 2023. You may want to consider a long position or call options on GYLD as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for GYLD moved above the 200-day moving average on August 18, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GYLD advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
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GYLD and
Correlation & Price change
A.I.dvisor tells us that GYLD and RPAR have been poorly correlated (+9% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that GYLD and RPAR's prices will move in lockstep.
| Ticker / NAME | Correlation To GYLD | 1D Price Change % | ||
|---|---|---|---|---|
| GYLD | 100% | -1.12% | ||
| RPAR - GYLD | 9% Poorly correlated | -2.07% | ||
| ETG - GYLD | 6% Poorly correlated | -1.76% | ||
| AOA - GYLD | 5% Poorly correlated | -1.49% | ||
| RLY - GYLD | 4% Poorly correlated | -1.13% | ||
| PCEF - GYLD | 3% Poorly correlated | -1.09% | ||
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