IAU Stock Tickeron detected bullish ETF Pattern: Broadening Top IAU on January 21, 2025, netting in a 6.05% gain over 2 weeks

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IAU - iShares Gold Trust

Ticker: IAU

Company: iShares Gold Trust

Gain: +6.05%

Confirmed: 01/21/25

Succeeded: 02/10/25

Total length: 20 days

Aroon Indicator for IAU shows an upward move is likely

IAU's Aroon Indicator triggered a bullish signal on February 21, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 277 similar instances where the Aroon Indicator showed a similar pattern. In of the 277 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IAU advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator demonstrates 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.

IAU broke above its upper Bollinger Band on February 10, 2025. 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.