Data News > Technical Analysis Highlights - Gold

Technical Analysis Highlights - Gold

By KlickAnalytics Data Insights  |   May 16, 2024 07:41AM ET

Following are the primary takeaways from the technical analysis summary for Gold ($GC).
Technical Indicators
  • Spurt UP : SMA10 > SMA20 : Yes
  • Short term UP : SMA10 > SMA20 > SMA50 : Yes
  • Medium term UP : SMA10 > SMA20 > SMA50 > SMA100 : Yes
  • Long term UP : SMA10 > SMA20 > SMA50 > SMA100 > SMA200: Yes
  • UP coming : SMA10 > SMA50 > SMA20 : No
  • 5-days Simple Moving Average (2375.52) signal is BUY
  • 10-days Simple Moving Average (2364.68) signal is BUY
  • 20-days Simple Moving Average (2343.83) signal is BUY
  • 50-days Simple Moving Average (2321.17) signal is BUY
  • 100-days Simple Moving Average (2194.96) signal is BUY
  • 200-days Simple Moving Average (2088.68) signal is BUY
  • Close price vs SMA5 is 0.55%
  • Close price vs SMA10 is 1.02%
  • Close price vs SMA20 is 1.91%
  • Close price vs SMA50 is 2.91%
  • Close price vs SMA100 is 8.83%
  • Close price vs SMA200 is 14.36%
  • Technical Indicators - Analysis
    DataAnalysis
    Trend based on SMA 50/200Uptrend
    RSI (14 days): 61.83Neutral
    Bollinger Bands %b: 0.89No clear signal
    RSI (14 days): 61.83Neutral
    MACD: 16.61Bullish - Potential Buy Signal
    Average Directional Index (ADX): 25.42Trend strength is significant
    Commodity Channel Index (CCI): 145.67Overbought - Potential Sell Signal
    Volatility - Analysis
    DataAnalysis
    Volatility (7 days)0.88%
    Volatility (30 days)0.91%
    Volatility (60 days)0.82%
    Volatility (90 days)0.81%
    Volatility (180 days)0.83%
    Volatility (365 days)0.89%
    Volatility (year-to-date)0.79%
    Volume - Analysis
    DataAnalysis
    Highest Volume (7 days)245,997 on 05-09-2024 (7 days ago)
    Lowest Volume (7 days)99 on 05-15-2024 (1 days ago)
    Volume Drought (30 days)Detected
    Highest Volume (30 days)336,608 on 04-14-2024 (32 days ago)
    Lowest Volume (30 days)99 on 05-15-2024 (1 days ago)
    Volume Drought (60 days)Detected
    Highest Volume (60 days)479,894 on 04-11-2024 (35 days ago)
    Lowest Volume (60 days)99 on 05-15-2024 (1 days ago)
    Volume Drought (90 days)Detected
    Highest Volume (90 days)479,894 on 04-11-2024 (35 days ago)
    Lowest Volume (90 days)15 on 02-21-2024 (85 days ago)
    Volume Drought (180 days)Detected
    Highest Volume (180 days)479,894 on 04-11-2024 (35 days ago)
    Lowest Volume (180 days)2 on 11-14-2023 (184 days ago)
    Volume Drought (365 days)Detected
    Highest Volume (365 days)479,894 on 04-11-2024 (35 days ago)
    Lowest Volume (365 days)1 on 05-23-2023 (359 days ago)
    Volume Drought (0 days)Detected
    Highest Volume (year-to-date)479,894 on 04-11-2024 (35 days ago)
    Lowest Volume (year-to-date)10 on 01-08-2024 (129 days ago)
    Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.