+Compare
OUNZ
ETF ticker:
NYSE ARCA
AS OF
Aug 16 closing price
Price
$17.23
Change
-$0.02 (-0.12%)
Net Assets
633.1M

OUNZ Price Prediction, VanEck Merk Gold Trust AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 16, 2022

OUNZ in upward trend: 10-day moving average crossed above 50-day moving average on August 15, 2022

The 10-day moving average for OUNZ crossed bullishly above the 50-day moving average on August 15, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where OUNZ's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 27, 2022. You may want to consider a long position or call options on OUNZ as a result. In of 99 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 OUNZ just turned positive on July 22, 2022. Looking at past instances where OUNZ's MACD turned positive, the stock continued to rise in of 52 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 OUNZ advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where OUNZ's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

OUNZ moved below its 50-day moving average on August 15, 2022 date and that indicates a change from an upward trend to a downward trend.

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

OUNZ broke above its upper Bollinger Band on July 28, 2022. 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 OUNZ entered a downward trend on July 29, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed
AI
A.I.Advisor
published price charts
AI
A.I.Advisor
published Highlights

Industry description

The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. The Trust’s secondary objective is for the shares to reflect the performance of the price of gold less the expenses of the Trust’s operations. Each share represents a fractional undivided beneficial interest in the Trust’s net assets. The Trust’s assets consist principally of gold held on the Trust’s behalf in financial institutions for safekeeping.
AI

View a ticker or compare two or three

OUNZ
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
AI
A.I. Advisor
published General Information

General Information

Category CommoditiesBroadBasket

Profile
Fundamentals
Details
Category
Commodities Focused
Address
VanEck Merk Gold Trust2 Hanson PlaceBrooklyn
Phone
(866) 637-5386
Web
www.merkgold.com

Interesting Tickers

1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
MFEHX146.45N/A
N/A
MFS Growth R3
PUPPX12.66N/A
N/A
Principal International I R4
ABINX17.12N/A
N/A
American Century Balanced I
MECDX11.51N/A
N/A
MainStay Epoch Capital Growth A
CMIUX11.11N/A
N/A
Six Circles Mgd Eq Port Intl Uncons

OUNZ and

Correlation & Price change

A.I.dvisor indicates that over the last year, OUNZ has been closely correlated with GLDM. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if OUNZ jumps, then GLDM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OUNZ
1D Price
Change %
OUNZ100%
-0.20%
GLDM - OUNZ
100%
Closely correlated
-0.20%
GLD - OUNZ
100%
Closely correlated
-0.14%
IAU - OUNZ
100%
Closely correlated
-0.18%
PHYS - OUNZ
96%
Closely correlated
-0.32%
SLV - OUNZ
78%
Closely correlated
-0.59%