VANECK GOLD MINERS UCITS ETF (GDX.MI) Stock Technical Analysis
BIT:GDX - IE00BQQP9F84 - ETF
65.86 EUR
+0.56 (+0.86%)
Overall GDX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GDX is showing a nice and steady performance.
Warning: GDX has an average volume of 19712 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.
When comparing the yearly performance of all stocks, we notice that GDX is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, GDX also shows a nice and consistent pattern of rising prices.
GDX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GDX has a been trading in the 54.79 - 65.79 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although GDX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.18
66.52
6 important support areas can be observed.
- A support zone ranging from 62.08 to 62.57. 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 59.73 to 60.55. 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 54.21 to 56.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.18 from a trend line in the weekly time frame.
- Support @45.54 from a trend line in the weekly time frame.
- Support @36.55 from a horizontal line in the weekly 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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDX.MI is up. |
| ChartMill Relative Strength | 93.21 | POSITIVE | GDX.MI has a high relative strength, it outperformed 93.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDX.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDX.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.07 | OVERBOUGHT | The high RSI value suggests GDX.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests GDX.MI has a positive trend. |
| Stochastics (14,3) | 93.73 | OVERBOUGHT | The high Stochastics value suggests GDX.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for GDX.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 42.05 | POSITIVE | The high ADX value value for GDX.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:GDX (9/11/2025, 3:02:33 PM)
65.86
+0.56 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.86%
1 Week3.29%
2 Weeks10.45%
1 Month17.03%
3 Month23.53%
6 Month45.01%
12 Month63.82%
2 Year134.51%
3 Year151.54%
5 Year83.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%1.89%
ATR Inc-4.11%
Range Today0.22
ADR(20)1.09
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.21
Mansfield2.81
10 Day High65.79
10 Day Low58.6
20 Day High65.79
20 Day Low54.79
52 Week High65.79
52 Week Low36.15
CS1 End62.57
CR1 StartN/A
Volume & EV
DER(3)0.02%
DER(5)0.14%
Volume1.19K
Volume Incr46.75%
Vol(5)29.79K
Vol(50)19.71K