The Greedy Trader Weekly Analysis
Sign In Jan 23, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 1/16/2026 -
Sign In to see current Signals.

streetTRACKS Gold Shares (GLD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergence
Daily :Williams' Percentage Range and Lane's Stochastic are overbought
Move cursor over the icon to see details.

It was a second consecutive positive week for the streetTRACKS Gold Shares (GLD). During the week, the GLD gained 6.82 points, or 1.65%, and closed at 421.29 on Friday, January 16, 2026. Weekly volume was 53% 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 426.86 on January 14, 2026. GLD gained -326.63 points, or -325.88%, in 525 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (173.94) 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 426.86 on January 14, 2026. GLD gained -276.29 points, or -183.50%, in 166 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (266.06) 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 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 weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 weekly MACD line is above its signal line since September 5, 2025. This is an indication that the medium-term trend is up. 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 426.86 on January 14, 2026. GLD gained -190.76 points, or -80.80%, in 426 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 402.45 and resistance is at 436.33. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See GLD daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since January 8, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.53
Williams' Percentage Range (W%R) 12.90
Overbought
Lane's Stochastic (%D-Slow) 85.28
Overbought
Greed/Fear Indicator (GFI) 75.31
Moving Average Converg./Diverg. (MACD) 7.51
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.03
Williams' Percentage Range (W%R) 3.50
Strong Overbought
Lane's Stochastic (%D-Slow) 86.14
Overbought
Greed/Fear Indicator (GFI) 81.27
Overbought
Moving Average Converg./Diverg. (MACD) 23.55 Bearish
Trading Signals
Description Value Chart
Weekly Trendline Resistance 436.33
Upper Bollinger Band 429.15
Daily Stochastic Crossing 423.69
Price 421.29
Weekly Stochastic Crossing 419.67
Parabolic System 414.50
20 Day Moving Average 410.59
Weekly Trendline Support 402.45
50 Day Moving Average 393.92
Lower Bollinger Band 391.55
Monthly Trendline Resistance 338.18
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 360.12
Low Date 10/28/2025
High 426.86
High Date 01/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 436.33
Support 402.45
Low 236.10
Low Date 11/14/2024
High 426.86
High Date 01/14/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 338.18
Support 320.81
Low 168.30
Low Date 10/05/2023
High 426.86
High Date 01/14/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 290.29
Support 266.06
Low 150.57
Low Date 11/03/2022
High 426.86
High Date 01/14/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 278.60
Support 173.94
Low 100.23
Low Date 12/17/2015
High 426.86
High Date 01/14/2026
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.