GLOBAL X COPPER MINERS ETF (COPX) Stock Technical Analysis
USA - NYSEARCA:COPX - US37954Y8306 - ETF
Taking everything into account, COPX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, COPX has proven to be a steady performer, scoring decent points in every aspect analyzed.
COPX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
48.20
When analyzing the support we can see 5 important areas.
- A support zone ranging from 59.55 to 59.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.52 to 57.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.97 from a trend line in the daily time frame.
- Support @52.24 from a trend line in the weekly time frame.
- Support @48.69 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 60.91 to 62.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.14 to 64.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for COPX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COPX is neutral. |
| ChartMill Relative Strength | 91.05 | POSITIVE | COPX has a high relative strength, it outperformed 91.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COPX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.86 | NEUTRAL | The RSI value for COPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests COPX has a negative trend. |
| Stochastics (14,3) | 32.17 | NEUTRAL | The Stochastics value for COPX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for COPX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for COPX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.02 | 59.54 | 1.48 (2.43%) | 25.00% |
| An entry @61.02. This is a Buy Stop order right above the 10 day moving average. | An exit @59.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.48 points, which is 2.43%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of COPX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:COPX (11/19/2025, 2:58:21 PM)
59.78
+1.04 (+1.77%)
GLOBAL X COPPER MINERS ETF / COPX FAQ
What is the ChartMill technical rating of GLOBAL X COPPER MINERS ETF (COPX) stock?
ChartMill assigns a technical rating of 10 / 10 to COPX.
What is the current trend direction of GLOBAL X COPPER MINERS ETF (COPX) stock?
The current trend direction for GLOBAL X COPPER MINERS ETF (COPX) is Bullish.
Can you provide the RSI signal for GLOBAL X COPPER MINERS ETF?
GLOBAL X COPPER MINERS ETF (COPX) has an RSI value of 47.8575. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL X COPPER MINERS ETF (COPX) stock?
The short term momentum for GLOBAL X COPPER MINERS ETF (COPX) is neutral.
Can you provide the support and resistance levels for GLOBAL X COPPER MINERS ETF?
GLOBAL X COPPER MINERS ETF (COPX) has a support level at 59.77 and a resistance level at 60.91. Check the full technical report for our detailed analysis of COPX support and resistance levels.