VANECK GOLD MINERS ETF (GDX) Stock Technical Analysis
USA - NYSEARCA:GDX - US92189F1066 - ETF
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.
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.
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33.08
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.
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 is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDX is down. |
| ChartMill Relative Strength | 91.78 | POSITIVE | GDX has a high relative strength, it outperformed 91.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GDX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.28 | NEUTRAL | The RSI value for GDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.46 | NEGATIVE | The MACD value suggests GDX has a negative trend. |
| Stochastics (14,3) | 17.08 | OVERSOLD | The low Stochastics value suggests GDX may be oversold. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for GDX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.62 | POSITIVE | The high ADX value value for GDX suggests a strong trend. |
NYSEARCA:GDX (10/28/2025, 10:43:09 AM)
70.29
+0.38 (+0.54%)
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.