GOLDMAN SACHS PHYSICAL GOLD (AAAU) Stock Technical Analysis
NYSEARCA:AAAU - NYSE Arca - US38150K1034 - ETF - Currency: USD
Overall AAAU gets a technical rating of 10 out of 10. 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 91% of all other stocks. On top of that, AAAU also shows a nice and consistent pattern of rising prices.
AAAU is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
AAAU has an average volume of 1701150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AAAU has a been trading in a tight range between 27.99 and 29.32.
AAAU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.76, a Stop Loss order could be placed below this zone.
More info and screens
24.41
29.46
When analyzing the support we can see 5 important areas.
- A support zone ranging from 28.51 to 28.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.85 to 27.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.80 from a horizontal line in the daily time frame.
- A support zone ranging from 25.33 to 25.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.01 to 29.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield1.18
10 Day High29.32
10 Day Low27.99
20 Day High29.32
20 Day Low27.99
52 Week High29.32
52 Week Low21.27
Performance
1 Week1.88%
2 Weeks-0.86%
1 Month1.88%
3 Month10.55%
6 Month16.48%
12 Month33.4%
2 Year47.11%
3 Year49.56%
5 Year82.95%
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)57.65
LBB28.31
UBB29.31
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 |
|---|---|---|---|
| 29.18 | 28.50 | 0.68 (2.33%) | 25.00% |
| An entry @29.18. This is a Buy Stop order right above the resistance zone. | An exit @28.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.68 points, which is 2.33%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
28.76
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week1.88%
2 Weeks-0.86%
1 Month1.88%
3 Month10.55%
6 Month16.48%
12 Month33.4%
2 Year47.11%
3 Year49.56%
5 Year82.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.16%
ATR Inc-40.51%
Range Today0.28
ADR(20)0.26
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield1.18
10 Day High29.32
10 Day Low27.99
20 Day High29.32
20 Day Low27.99
52 Week High29.32
52 Week Low21.27
CS1 End28.76
CR1 Start29.01
Volume & EV
DER(3)-1.2%
DER(5)0.62%
Volume1.85M
Volume Incr9.15%
Vol(5)1.69M
Vol(50)1.70M