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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
$86.59
$0.64(0.74%)
U.S. Market opens in 20h 37m

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 Bullish (RSI: 50.86)
Trend Strength:Weak (ADX: 15.18)
Volatility:Low (ATR: 1.66)
Support/Resistance:$82.76 – $92.67 (Bollinger Bands)

Technical conditions suggest SPDR Gold MiniShares Trust on the AMEX is awaiting a decisive move. This mix signals that SPDR Gold MiniShares Trust is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.86

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 29.66

Bearish
Momentum remains weak below midpoint.

Williams %R: -48.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.86

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.18

Weak
Weak trend, market trading sideways.

ATR (14): 1.66

Low
Low volatility, stable price action.

CCI (14): 4.88

Neutral
Neutral, no strong directional signal.

Takeaway:SPDR Gold MiniShares Trust shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$92.67
Middle Band (SMA 20)
$87.72
Lower Band
$82.76
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$89.77
Middle Line (EMA 20)
$86.46
Lower Channel
$83.14
Squeeze Status
No Squeeze

Takeaway:SPDR Gold MiniShares Trust trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume2.96M
Money Flow Index34.70Bearish, selling pressure outweighs inflows.
Relative Vigor Index55.39Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:GLDM shows mixed signals in money flow analysis.

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

RSI above 50 → positive momentum from buyers.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for SPDR Gold MiniShares Trust are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: GLDM) Technical Analysis FAQ