GOLDEX RESOURCES CORP (GDX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GDX - CA3813663018 - Common Stock
Taking everything into account, GDX scores 3 out of 10 in our technical rating. GDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of GDX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.04
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GDX.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDX.CA is neutral. |
| ChartMill Relative Strength | 31.45 | NEUTRAL | GDX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GDX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GDX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.39 | NEUTRAL | The RSI value for GDX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GDX.CA has a negative trend. |
| Stochastics (14,3) | 18.18 | OVERSOLD | The low Stochastics value suggests GDX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 21.36 | HIGH VOLATILITY | The high ATR as a percentage value for GDX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for GDX.CA suggests a possible start of a new trend. |
TSX-V:GDX (5/5/2025, 7:00:00 PM)
0.055
0 (-8.33%)
GOLDEX RESOURCES CORP / GDX.CA FAQ
Can you provide the ChartMill technical rating for GOLDEX RESOURCES CORP?
ChartMill assigns a technical rating of 3 / 10 to GDX.CA.
Can you provide the trend direction for GOLDEX RESOURCES CORP?
The current trend direction for GOLDEX RESOURCES CORP (GDX.CA) is Bearish.
What is the RSI signal for GOLDEX RESOURCES CORP (GDX.CA) stock?
GOLDEX RESOURCES CORP (GDX.CA) has an RSI value of 48.3901. This indicates that the stock is currently neutral.
What is the MACD signal for GOLDEX RESOURCES CORP (GDX.CA) stock?
The MACD indicator for GOLDEX RESOURCES CORP (GDX.CA) has a value of -0.00104152, indicating a bearish trend.
What are the support and resistance levels for GOLDEX RESOURCES CORP (GDX.CA) stock?
GOLDEX RESOURCES CORP (GDX.CA) has a support level at 0.04 and a resistance level at 0.06. Check the full technical report for our detailed analysis of GDX.CA support and resistance levels.