VANECK JUNIOR GOLD MINERS (GDXJ) Stock Technical Analysis
USA - NYSEARCA:GDXJ - US92189F7915 - ETF
90.03 USD
+0.02 (+0.02%)
90.126 USD
+0.1 (+0.11%)
Taking everything into account, GDXJ scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GDXJ has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GDXJ did better than 92% of all other stocks. On top of that, GDXJ also shows a nice and consistent pattern of rising prices.
GDXJ is one of the better performing stocks in the Automobile Components industry, it outperforms 88% of 80 stocks in the same industry.
A new 52 week high is currently being made by GDXJ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GDXJ has a been trading in the 71.18 - 90.90 range, which is quite wide. It is currently trading near the high of this range.
GDXJ has an average volume of 4547150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GDXJ 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.
More info and screens
41.43
90.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 80.29 to 80.37. 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 69.28 to 69.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.50 from a horizontal line in the daily time frame.
- Support @52.07 from a trend line in the weekly time frame.
- Support @41.85 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 GDXJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDXJ is up. |
| ChartMill Relative Strength | 92.15 | POSITIVE | GDXJ has a high relative strength, it outperformed 92.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDXJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDXJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDXJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.86 | OVERBOUGHT | The high RSI value suggests GDXJ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests GDXJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.63 | OVERBOUGHT | The high Stochastics value suggests GDXJ may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for GDXJ suggests some volalility. |
| Average Directional Index/ADX (14) | 42.21 | POSITIVE | The high ADX value value for GDXJ 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)
90.03
+0.02 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.02%
1 Week6.09%
2 Weeks16.71%
1 Month23.72%
3 Month26.39%
6 Month63.72%
12 Month83.81%
2 Year179.34%
3 Year205.6%
5 Year62.63%
10 Year359.57%
15 Year-32.61%
Volatility
ATR(14)2.02
ATR(20)%2.29%
ATR Inc-12.57%
Range Today1.42
ADR(20)1.88
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.15
Mansfield4.05
10 Day High90.9
10 Day Low77.11
20 Day High90.9
20 Day Low71.18
52 Week High90.9
52 Week Low41.85
CS1 End80.37
CR1 StartN/A
Volume & EV
DER(3)-0.81%
DER(5)-1.36%
Volume3.90M
Volume Incr8.41%
Vol(5)5.01M
Vol(50)4.55M