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VANECK GOLD MINERS ETF (GDX) Stock Technical Analysis

USA - NYSEARCA:GDX - US92189F1066 - ETF

70.29 USD
+0.38 (+0.54%)
Last: 10/28/2025, 10:43:09 AM
Technical Rating and Analysis

8

Overall GDX gets a technical rating of 8 out of 10. In the last year, GDX was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month GDX has a been trading in the 68.13 - 85.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that GDX is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, GDX also shows a nice and consistent pattern of rising prices.
GDX has an average volume of 26324100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GDX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDX is lagging the market.
Weekly and Daily overview Charts
VANECK GOLD MINERS ETF / GDX Weekly stock chart
VANECK GOLD MINERS ETF / GDX Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

33.08

70.99

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 68.92 to 69.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @59.51 from a trend line in the daily time frame.
  • Support @51.43 from a horizontal line in the daily time frame.
  • Support @41.86 from a trend line in the weekly time frame.
  • Support @35.60 from a trend line in the weekly time frame.
  • Support @33.41 from a horizontal line in the weekly time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for GDX is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for GDX is down.
ChartMill Relative Strength91.78POSITIVEGDX has a high relative strength, it outperformed 91.78% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of GDX is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of GDX is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GDX is above the rising SMA(200).
Relative Strength Index/RSI (14)41.28NEUTRALThe RSI value for GDX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.46NEGATIVEThe MACD value suggests GDX has a negative trend.
Stochastics (14,3)17.08OVERSOLDThe low Stochastics value suggests GDX may be oversold.
Average True Range in percent/ATR (20)4.56MEDIUM VOLATILITYThe ATR as a percentage value for GDX suggests some volalility.
Average Directional Index/ADX (14)29.62POSITIVEThe high ADX value value for GDX suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
VANECK GOLD MINERS ETF / GDX Daily stock chart

VANECK GOLD MINERS ETF

NYSEARCA:GDX (10/28/2025, 10:43:09 AM)

70.29

+0.38 (+0.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week-13%
2 Weeks-11.92%
1 Month-7.67%
3 Month33.29%
6 Month48.49%
12 Month75.43%
2 Year149.59%
3 Year189.36%
5 Year86.48%
10 Year367.31%
15 Year22.01%
Volatility
ATR(14)3.57
ATR(20)%4.56%
ATR Inc-4.37%
Range Today1.75
ADR(20)2.47
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.78
3 months CRS88.53
6 months CRS86.38
Mansfield2.35
10 Day High85.09
10 Day Low68.13
20 Day High85.09
20 Day Low68.13
52 Week High85.09
52 Week Low33.42
CS1 End69.9
CR1 StartN/A
Volume & EV
DER(3)-3.89%
DER(5)-0.84%
Volume10.50M
Volume Incr52.42%
Vol(5)44.02M
Vol(50)26.32M

VANECK GOLD MINERS ETF / GDX FAQ

Can you provide the ChartMill technical rating for VANECK GOLD MINERS ETF?

ChartMill assigns a technical rating of 8 / 10 to GDX.


What is the current trend direction of VANECK GOLD MINERS ETF (GDX) stock?

The current trend direction for VANECK GOLD MINERS ETF (GDX) is Bullish.


What is the RSI signal for VANECK GOLD MINERS ETF (GDX) stock?

VANECK GOLD MINERS ETF (GDX) has an RSI value of 41.2815. This indicates that the stock is currently neutral.


Can you provide the short term momentum for VANECK GOLD MINERS ETF?

The short term momentum for VANECK GOLD MINERS ETF (GDX) is negative.


Can you provide the support and resistance levels for VANECK GOLD MINERS ETF?

VANECK GOLD MINERS ETF (GDX) has a support level at 69.9. Check the full technical report for our detailed analysis of GDX support and resistance levels.