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Archive - 3/27/2026 - Sign In to see current Signals. |
streetTRACKS Gold Shares (GLD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :      Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the streetTRACKS Gold Shares (GLD). During the week, the GLD climbed 1.32 points, or 0.32%, and closed at 414.70 on Friday, March 27, 2026. Weekly volume was 44% 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 (175.34) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 (269.18) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 technical indicators are neutral. The weekly MACD line is below its signal line since March 13, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See GLD short-term trend chart] A short-term downtrend had started on March 2, 2026 at 492.15 and reached 399.20 on March 24, 2026. GLD lost 92.95 points, or 18.89%, in 22 days. The price is now at the 16.68% retracement level.
Daily Technical Indicators: [See GLD daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since March 2, 2026. This is an indication that the short-term trend is down. The distance between the Bollinger Bands is 195.19% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See GLD candlestick chart pattern] On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.
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