USA - NYSEARCA:GDXJ - US92189F7915 - ETF
We assign a technical rating of 8 out of 10 to GDXJ. In the last year, GDXJ was one of the better performers, but we do observe some doubts in the very recent evolution.
Although GDXJ has an excellent technical rating, it does not offer a high quality setup 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.
41.43
We found 5 important support areas.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The short term trend for GDXJ is down. |
| ChartMill Relative Strength | 92.88 | POSITIVE | GDXJ has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDXJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GDXJ is below 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) | 38.37 | NEUTRAL | The RSI value for GDXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.66 | NEGATIVE | The MACD value suggests GDXJ has a negative trend. |
| Stochastics (14,3) | 12.07 | OVERSOLD | The low Stochastics value suggests GDXJ may be oversold. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for GDXJ suggests high volalility. |
| Average Directional Index/ADX (14) | 28.51 | POSITIVE | The high ADX value value for GDXJ suggests a strong trend. |
87.56
-4.52 (-4.91%)
ChartMill assigns a technical rating of 8 / 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 38.37. This indicates that the stock is currently neutral.
The MACD indicator for VANECK JUNIOR GOLD MINERS (GDXJ) has a value of -1.65545, indicating a bearish trend.
VANECK JUNIOR GOLD MINERS (GDXJ) has a support level at 87.55 and a resistance level at 93.12. Check the full technical report for our detailed analysis of GDXJ support and resistance levels.