VANECK GOLD MINERS ETF (GDX) Stock Technical Analysis
NYSEARCA:GDX - NYSE Arca - US92189F1066 - ETF - Currency: USD
Overall GDX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GDX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, GDX did better than 94% 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 market is still in the middle of its 52 week range, so GDX slightly outperforms the market at the moment.
GDX has an average volume of 22943100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GDX has a been trading in the 40.26 - 53.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GDX has an excellent technical rating, but the quality of the setup is only medium 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
33.08
47.55
When analyzing the support we can see 5 important areas.
- Support @43.54 from a trend line in the daily time frame.
- Support @41.44 from a horizontal line in the daily time frame.
- Support @37.37 from a trend line in the weekly time frame.
- Support @34.71 from a horizontal line in the daily time frame.
- Support @33.41 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.06
Mansfield2.03
10 Day High53.25
10 Day Low46.73
20 Day High53.25
20 Day Low40.26
52 Week High53.25
52 Week Low32.84
Performance
1 Week-3.54%
2 Weeks-7.54%
1 Month2.97%
3 Month20.84%
6 Month18.14%
12 Month40.79%
2 Year52.31%
3 Year48.38%
5 Year37.18%
10 Year140.45%
15 Year-5.58%
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)
Technical Indicators
MACD(12,26,9)-0.48
RSI(14)48.71
LBB46.73
UBB52.38
47.08
-0.12 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week-3.54%
2 Weeks-7.54%
1 Month2.97%
3 Month20.84%
6 Month18.14%
12 Month40.79%
2 Year52.31%
3 Year48.38%
5 Year37.18%
10 Year140.45%
15 Year-5.58%
Volatility
ATR(14)1.62
ATR(20)%4.48%
ATR Inc-1.07%
Range Today1.38
ADR(20)1.66
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.06
Mansfield2.03
10 Day High53.25
10 Day Low46.73
20 Day High53.25
20 Day Low40.26
52 Week High53.25
52 Week Low32.84
CS1 End43.54
CR1 StartN/A
Volume & EV
DER(3)1.36%
DER(5)1.91%
Volume14.24M
Volume Incr-43.21%
Vol(5)17.09M
Vol(50)22.94M