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SPDR Gold MiniShares Trust

GLDM Technical Analysis Summary (AMEX)

Analyze GLDM on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GLDM●AMEX
Financial ServicesAsset Management
$80.19
$0.08(0.10%)
U.S. Market opens in 23h 49m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GLDM Technical Analysis Summary (AMEX)

SPDR Gold MiniShares Trust (AMEX: GLDM) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.76)
Trend Strength:Moderate (ADX: 26.90)
Volatility:Low (ATR: 1.51)
Support/Resistance:$78.45 – $82.37 (Bollinger Bands)

Technical conditions suggest SPDR Gold MiniShares Trust on the AMEX is awaiting a decisive move. Overall, SPDR Gold MiniShares Trust remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 44.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.90

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.45

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.66

Bearish
Selling pressure outweighs buying.

Takeaway:SPDR Gold MiniShares Trust shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.00

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.90

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.51

Low
Low volatility, stable price action.

CCI (14): -4.50

Neutral
Neutral, no strong directional signal.

Takeaway:SPDR Gold MiniShares Trust shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$82.37
Middle Band (SMA 20)
$80.41
Lower Band
$78.45
Current Position
Within Bands

Takeaway:SPDR Gold MiniShares Trust trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$83.90
Middle Line (EMA 20)
$80.88
Lower Channel
$77.86
Squeeze Status
Squeeze On

Takeaway:SPDR Gold MiniShares Trust trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-25.22M
Money Flow Index48.44Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.92Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:GLDM shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of SPDR Gold MiniShares Trust (AMEX: GLDM), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:SPDR Gold MiniShares Trust shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: GLDM) Technical Analysis FAQ