GOLDMAN SACHS PHYSICAL GOLD (AAAU) Stock Technical Analysis
NYSEARCA:AAAU - NYSE Arca - US38150K1034 - ETF - Currency: USD
Taking everything into account, AAAU scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAAU is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AAAU did better than 94% of all other stocks. We also observe that the gains produced by AAAU over the past year are nicely spread over this period.
AAAU is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AAAU slightly outperforms the market at the moment.
AAAU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AAAU has an average volume of 1942600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, AAAU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
25.54
32.98
When analyzing the support we can see 5 important areas.
- A support zone ranging from 30.12 to 30.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.44 from a horizontal line in the daily time frame.
- A support zone ranging from 28.10 to 28.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @27.53 from a trend line in the daily time frame.
- Support @25.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.14
Mansfield2.76
10 Day High34.04
10 Day Low31.57
20 Day High34.04
20 Day Low29.22
52 Week High34.04
52 Week Low22.55
Performance
1 Week-0.52%
2 Weeks4.23%
1 Month8.06%
3 Month19.16%
6 Month20.37%
12 Month40.95%
2 Year65.48%
3 Year73.35%
5 Year93.88%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)61.29
LBB29.36
UBB34.58
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.68 | 31.56 | 1.12 (3.44%) | 25.00% |
| An entry @32.68. This is a Buy Stop order right above the 10 day moving average. | An exit @31.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.12 points, which is 3.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
32.65
-0.37 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.11%
1 Week-0.52%
2 Weeks4.23%
1 Month8.06%
3 Month19.16%
6 Month20.37%
12 Month40.95%
2 Year65.48%
3 Year73.35%
5 Year93.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%2.03%
ATR Inc-16.55%
Range Today0.48
ADR(20)0.43
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.14
Mansfield2.76
10 Day High34.04
10 Day Low31.57
20 Day High34.04
20 Day Low29.22
52 Week High34.04
52 Week Low22.55
CS1 End30.39
CR1 StartN/A
Volume & EV
DER(3)-1.13%
DER(5)-1.94%
Volume1.97M
Volume Incr23.77%
Vol(5)2.73M
Vol(50)1.94M