Overall GDXJ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GDXJ is showing a nice and steady performance.
Although GDXJ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
81.93
When analyzing the support we can see 4 important areas.
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 | 97.72 | POSITIVE | GDXJ has a high relative strength, it outperformed 97.72% 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) | 81.67 | OVERBOUGHT | The high RSI value suggests GDXJ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.79 | POSITIVE | The MACD value suggests GDXJ has a positive trend. |
| Stochastics (14,3) | 92.58 | OVERBOUGHT | The high Stochastics value suggests GDXJ may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for GDXJ suggests some volalility. |
| Average Directional Index/ADX (14) | 31.56 | POSITIVE | The high ADX value value for GDXJ suggests a strong trend. |
145.03
+2.94 (+2.07%)
ChartMill assigns a technical rating of 10 / 10 to GDXJ.
The current trend direction for VANECK JUNIOR GOLD MINERS (GDXJ) is Bullish.
VANECK JUNIOR GOLD MINERS (GDXJ) has an RSI value of 81.6733. This indicates that the stock is currently overbought.
The MACD indicator for VANECK JUNIOR GOLD MINERS (GDXJ) has a value of 1.79441, indicating a bullish trend.
VANECK JUNIOR GOLD MINERS (GDXJ) has a support level at 124.55. Check the full technical report for our detailed analysis of GDXJ support and resistance levels.