VANECK GOLD MINERS ETF (GDX)
US92189F1066 - ETF
Taking everything into account, GDX scores 9 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
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 32.20 - 36.89 range, which is quite wide. It is currently trading near the high of this range.
GDX has an average volume of 27364500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GDX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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
25.65
37.24
4 important support areas can be observed.
- Support @33.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 32.52 to 32.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.99 to 27.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @25.91 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.4
Mansfield0.77
10 Day High36.89
10 Day Low33.74
20 Day High36.89
20 Day Low32.2
52 Week High36.89
52 Week Low25.62
Performance
1 Week4.6%
2 Weeks10.26%
1 Month8.22%
3 Month37.27%
6 Month29.69%
12 Month14.65%
2 Year16.2%
3 Year-6.47%
5 Year70.77%
10 Year63.87%
15 Year-16.51%
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)0.14
RSI(14)70.02
LBB32.51
UBB36.84
VANECK GOLD MINERS ETF
NYSEARCA:GDX (5/17/2024, 7:04:00 PM)
After market: 36.87 0 (0%)36.87
+1.21 (+3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.39%
1 Week4.6%
2 Weeks10.26%
1 Month8.22%
3 Month37.27%
6 Month29.69%
12 Month14.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%2.53%
ATR Inc
Range Today0.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.89
10 Day Low33.74
20 Day High36.89
20 Day Low32.2
52 Week High36.89
52 Week Low25.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.75M
Volume Incr-11.82%
Vol(5)22.95M
Vol(50)27.36M