IAU Price Prediction, iShares Gold Trust AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
IAU in upward trend: price may jump up because it broke its lower Bollinger Band on November 10, 2023
IAU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 28 cases where IAU's price broke its lower Bollinger Band, its price rose further in 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 November 20, 2023. You may want to consider a long position or call options on IAU as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for IAU just turned positive on November 22, 2023. Looking at past instances where IAU's MACD turned positive, the stock continued to rise in of 47 cases over the following month. 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 IAU advanced for three days, in of 335 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 315 cases where IAU 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 10-day RSI Indicator for IAU moved out of overbought territory on October 31, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 IAU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Industry description
General Information
Category CommoditiesBroadBasket
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| EXG | 7.62 | 0.01 | +0.20% |
| Eaton Vance Tax-Managed Global Diversified Equity Income Fund | |||
| MMIN | 23.69 | 0.04 | +0.17% |
| IQ MacKay Municipal Insured ETF | |||
| SIXL | 31.78 | N/A | N/A |
| ETC 6 Meridian Low Beta Eq Strat ETF | |||
| FPXE | 21.54 | -0.09 | -0.41% |
| First Trust IPOX Europe Equity Opps ETF | |||
| YOLO | 2.90 | -0.05 | -1.69% |
| AdvisorShares Pure Cannabis ETF | |||
IAU and
Correlation & Price change
A.I.dvisor indicates that over the last year, IAU has been closely correlated with GLD. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if IAU jumps, then GLD could also see price increases.
| Ticker / NAME | Correlation To IAU | 1D Price Change % | ||
|---|---|---|---|---|
| IAU | 100% | +1.31% | ||
| GLD - IAU | 100% Closely correlated | +1.33% | ||
| GLDM - IAU | 100% Closely correlated | +1.30% | ||
| SGOL - IAU | 100% Closely correlated | +1.38% | ||
| OUNZ - IAU | 100% Closely correlated | +1.26% | ||
| AAAU - IAU | 100% Closely correlated | +1.30% | ||
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