VANECK GOLD MINERS UCITS ETF (GDX.L) Technical Analysis
LON:GDX • IE00BQQP9F84
Current stock price
GDX.L Technical Rating and Analysis
Taking everything into account, GDX scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: GDX has an average volume of 18568 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GDX did better than 92% of all other stocks. We also observe that the gains produced by GDX over the past year are nicely spread over this period.
- GDX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GDX is lagging the market slightly.
- In the last month GDX has a been trading in the 84.90 - 114.95 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
GDX.L Weekly and Daily overview Charts
GDX.L Setup Rating and Analysis
Although GDX has an excellent technical rating, it does not present a decent entry opportunity 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
GDX.L Support and Resistance Analysis
89.13
3 important support areas can be observed.
- A support zone ranging from 110.47 to 111.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 93.53 to 93.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 111.95 to 111.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
GDX.L Technical Indicator Signal Analysis
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.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDX.L is up. |
| ChartMill Relative Strength | 92.2 | POSITIVE | GDX.L has a high relative strength, it outperformed 92.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GDX.L is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GDX.L is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDX.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for GDX.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.05 | POSITIVE | The MACD value suggests GDX.L has a positive trend. |
| Stochastics (14,3) | 87.92 | OVERBOUGHT | The high Stochastics value suggests GDX.L may be overbought. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for GDX.L suggests some volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for GDX.L suggests a possible start of a new trend. |
GDX.L Chart- and CandleStick Pattern Analysis
GDX.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:GDX (4/10/2026, 3:48:59 PM)
111.94
+1.47 (+1.33%)
VANECK GOLD MINERS UCITS ETF / GDX.L TA FAQ
Can you provide the ChartMill technical rating for VANECK GOLD MINERS UCITS ETF?
ChartMill assigns a technical rating of 8 / 10 to GDX.L.
Can you provide the trend direction for VANECK GOLD MINERS UCITS ETF?
The current trend direction for VANECK GOLD MINERS UCITS ETF (GDX.L) is Bullish.
Can you provide the RSI signal for VANECK GOLD MINERS UCITS ETF?
VANECK GOLD MINERS UCITS ETF (GDX.L) has an RSI value of 56.4326. This indicates that the stock is currently neutral.
What is the short term momentum for VANECK GOLD MINERS UCITS ETF (GDX.L) stock?
The short term momentum for VANECK GOLD MINERS UCITS ETF (GDX.L) is positive.
What is the buy/sell signal for GDX stock?
The buy/sell signal for VANECK GOLD MINERS UCITS ETF (GDX.L) is buy as both the short term and long term trends are positive.