Technical Analysis for GCLN - Goldman Sachs Bloomberg Clean Energy Equity ETF

Grade Last Price % Change Price Change
C 33.77 1.66% 0.55
GCLN closed up 1.66 percent on Wednesday, July 3, 2024, on 2 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Cup with Handle Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Cup with Handle Other 1.66%
Narrow Range Bar Range Contraction 1.66%
Gapped Up Strength 1.66%
Oversold Stochastic Weakness 1.66%

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Profile

Goldman Sachs Bloomberg Clean Energy Equity ETF Description

Goldman Sachs Bloomberg Clean Energy Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across clean energy including independent power and renewable electricity producers, renewable electricity, electric power by solar energy, electric power by wind energy, clean energy including clean power infrastructure, energy storage, hydrogen energy, energy digitalization and bioenergy sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Bloomberg Goldman Sachs Global Clean Energy Index, by using full replication technique. Goldman Sachs Bloomberg Clean Energy Equity ETF is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund Synthetic Replication Energy Storage Goldman Sachs Clean Energy Solar Energy Bloomberg L.P. Wind Energy Renewable Electricity Producers Public Equity Markets Renewable Electricity

Top 10 Components

Symbol Grade Price % Change Allocation
TSLA B 6.54 5.76
NEE D 1.93 4.86
DUK D 0.03 2.54
PEG A 0.56 2.54
SRE B 0.00 2.14
AEP D -0.07 2.05
EIX D 0.27 1.91
D C 1.38 1.82
PWR D 2.75 1.63
PCG D 0.82 1.60

Is GCLN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 38.3295
52 Week Low 29.5973
Average Volume 254
200-Day Moving Average 32.46
50-Day Moving Average 33.46
20-Day Moving Average 33.75
10-Day Moving Average 33.39
Average True Range 0.25
RSI (14) 52.15
ADX 25.36
+DI 39.87
-DI 47.04
Chandelier Exit (Long, 3 ATRs) 34.08
Chandelier Exit (Short, 3 ATRs) 33.88
Upper Bollinger Bands 34.76
Lower Bollinger Band 32.74
Percent B (%b) 0.51
BandWidth 5.96
MACD Line -0.13
MACD Signal Line -0.06
MACD Histogram -0.0656
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.77
Resistance 3 (R3) 33.77 33.77 33.77
Resistance 2 (R2) 33.77 33.77 33.77 33.77
Resistance 1 (R1) 33.77 33.77 33.77 33.77 33.77
Pivot Point 33.77 33.77 33.77 33.77 33.77
Support 1 (S1) 33.77 33.77 33.77 33.77 33.77
Support 2 (S2) 33.77 33.77 33.77 33.77
Support 3 (S3) 33.77 33.77 33.77
Support 4 (S4) 33.77