AAAU Goldman Sachs Physical Gold ETF Forecast, Technical & Fundamental Analysis

AAAU's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for AAAU turned positive on January 02, 2025. Looking at past instances where AAAU's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on AAAU as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

AAAU moved above its 50-day moving average on January 08, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for AAAU crossed bullishly above the 50-day moving average on January 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AAAU advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAAU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AAAU broke above its upper Bollinger Band on January 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.