Gold S&P ETF TrendI'm completely new to analysing charts and identifying chart patterns.
I was wondering if anyone could help me with the trend of the chart where I have put in two trend lines?
Is this considered to be a falling pattern wedge and therefore likely to see a bullish breakout in the near future?
Key stats
About ISHARES V PLC GOLD PRODUCERS UCITS ETF USD ACC
Home page
Inception date
Sep 16, 2011
Structure
Irish VCIC
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
BlackRock Asset Management Ireland Ltd.
ISIN
IE00B6R52036
The Fund seeks to track the performance of an index composed of companies related to businesses engaged in exploration and production of gold
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPGP trades at 1,697.0 GBX today, its price has fallen −0.07% in the past 24 hours. Track more dynamics on SPGP price chart.
SPGP net asset value is 17.02 today — it's fallen 2.61% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPGP assets under management is 1.55 B GBX. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPGP price has fallen by −7.08% over the last month, and its yearly performance shows a 33.18% increase. See more dynamics on SPGP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.61% over the last month, have fallen by −2.61% over the last month, showed a 12.44% increase in three-month performance and has increased by 32.12% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.61% over the last month, have fallen by −2.61% over the last month, showed a 12.44% increase in three-month performance and has increased by 32.12% in a year.
SPGP fund flows account for −9.91 B GBX (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPGP invests in stocks. See more details in our Analysis section.
SPGP expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPGP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPGP technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPGP shows the buy signal. See more of SPGP technicals for a more comprehensive analysis.
Today, SPGP technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPGP shows the buy signal. See more of SPGP technicals for a more comprehensive analysis.
No, SPGP doesn't pay dividends to its holders.
SPGP trades at a premium (0.43%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPGP shares are issued by BlackRock, Inc.
SPGP follows the S&P Commodity Producers Gold. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 16, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.