GENERAL DYNAMICS CORP (GDX.DE) Stock Technical Analysis
FRA:GDX - Deutsche Boerse Ag - US3695501086 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to GDX. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GDX is a bad performer.
GDX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 260.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 257.41, a Stop Loss order could be placed below this zone.
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228.93
4 important support areas can be observed.
- A support zone ranging from 257.30 to 257.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 247.47 to 252.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @239.41 from a trend line in the weekly time frame.
- A support zone ranging from 231.24 to 234.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 260.19 to 262.75. 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 GDX.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDX.DE is up. |
| ChartMill Relative Strength | 35.61 | NEUTRAL | GDX.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDX.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDX.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GDX.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.16 | NEUTRAL | The RSI value for GDX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests GDX.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.27 | NEUTRAL | The Stochastics value for GDX.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for GDX.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for GDX.DE 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 |
|---|---|---|---|
| 262.76 | 257.29 | 5.47 (2.08%) | 25.00% |
| An entry @262.76. This is a Buy Stop order right above the resistance zone. | An exit @257.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.47 points, which is 2.08%. | For a 0.52% 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 GDX. 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.
FRA:GDX (7/18/2025, 7:00:00 PM)
257.55
-1.85 (-0.71%)