The Greedy Trader Weekly Analysis
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- 2/27/2026 -
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streetTRACKS Gold Shares (GLD) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index and Williams' Percentage Range are overbought
Daily :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal line
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It was a fourth consecutive positive week for the streetTRACKS Gold Shares (GLD). During the week, the GLD gained 15.13 points, or 3.23%, and closed at 483.75 on Friday, February 27, 2026. Weekly volume was 7% above average.

Long-term trend: [See GLD long-term trend chart]
A long-term uptrend had started on December 17, 2015 at 100.23 and reached 509.70 on January 29, 2026. GLD gained -409.47 points, or -408.53%, in 528 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (174.75) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See GLD medium-term trend chart]
A medium-term uptrend had started on November 3, 2022 at 150.57 and reached 509.70 on January 29, 2026. GLD gained -359.13 points, or -238.51%, in 169 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (270.22) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See GLD weekly technical indicators chart]
Weekly Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 5, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See GLD short-term trend chart]
A short-term uptrend had started on November 14, 2024 at 236.10 and reached 509.70 on January 29, 2026. GLD gained -273.60 points, or -115.88%, in 441 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (401.72) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.

Daily Technical Indicators: [See GLD daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.34
Williams' Percentage Range (W%R) 5.10
Strong Overbought
Lane's Stochastic (%D-Slow) 89.52
Overbought
Greed/Fear Indicator (GFI) 82.24
Overbought
Moving Average Converg./Diverg. (MACD) 10.02
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 81.21
Overbought
Williams' Percentage Range (W%R) 19.30
Overbought
Lane's Stochastic (%D-Slow) 67.39
Greed/Fear Indicator (GFI) 69.77
Moving Average Converg./Diverg. (MACD) 30.35
Trading Signals
Description Value Chart
Upper Bollinger Band 490.67
Price 483.75
Daily Stochastic Crossing 478.47
Weekly Trendline Resistance 467.61
Weekly Stochastic Crossing 464.17
20 Day Moving Average 460.70
Parabolic System 441.60
50 Day Moving Average 438.86
Lower Bollinger Band 435.23
Weekly Trendline Support 401.72
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 422.55
Low Date 02/02/2026
High 483.90
High Date 02/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 467.61
Support 401.72
Low 236.10
Low Date 11/14/2024
High 509.70
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 345.83
Support 328.47
Low 168.30
Low Date 10/05/2023
High 509.70
High Date 01/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 294.45
Support 270.22
Low 150.57
Low Date 11/03/2022
High 509.70
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 280.33
Support 174.75
Low 100.23
Low Date 12/17/2015
High 509.70
High Date 01/29/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.