VANECK JUNIOR GOLD MINERS (GDXJ) Stock Technical Analysis
NYSEARCA:GDXJ - NYSE Arca - US92189F7915 - ETF - Currency: USD
Overall GDXJ gets a technical rating of 10 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that GDXJ is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, GDXJ also shows a nice and consistent pattern of rising prices.
GDXJ is part of the Automobile Components industry. There are 80 other stocks in this industry. GDXJ outperforms 87% of them.
GDXJ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GDXJ is lagging the market slightly.
GDXJ has an average volume of 4666930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GDXJ has a been trading in the 64.92 - 70.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GDXJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 66.29, a Stop Loss order could be placed below this zone.
More info and screens
41.43
71.94
We found 5 important support areas.
- A support zone ranging from 65.46 to 66.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.71 to 59.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.37 from a trend line in the weekly time frame.
- Support @44.34 from a trend line in the weekly time frame.
- Support @41.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 71.23 to 71.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for GDXJ is neutral. |
| ChartMill Relative Strength | 88.22 | POSITIVE | GDXJ has a high relative strength, it outperformed 88.22% 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) | 54.63 | NEUTRAL | The RSI value for GDXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GDXJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.47 | NEUTRAL | The Stochastics value for GDXJ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for GDXJ suggests some volalility. |
| Average Directional Index/ADX (14) | 12.2 | NEGATIVE | The low ADX value for GDXJ suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 71.24 | 65.52 | 5.72 (8.03%) | 12.45% |
| An entry @71.24. This is a Buy Stop order right above the resistance zone. | An exit @65.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.72 points, which is 8.03%. | When investing 12.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
68.59
+2.4 (+3.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg3.63%
1 Week0.01%
2 Weeks-0.62%
1 Month2.07%
3 Month12.37%
6 Month44.01%
12 Month54.38%
2 Year82.13%
3 Year104.01%
5 Year13.48%
10 Year254.65%
15 Year-35.7%
Volatility
ATR(14)1.82
ATR(20)%2.73%
ATR Inc16.31%
Range Today2.14
ADR(20)1.6
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.22
Mansfield1.8
10 Day High70.04
10 Day Low65.53
20 Day High70.04
20 Day Low64.92
52 Week High71.84
52 Week Low40.26
CS1 End66.29
CR1 Start71.23
Volume & EV
DER(3)0.31%
DER(5)-0.73%
Volume4.96M
Volume Incr-3.09%
Vol(5)3.74M
Vol(50)4.67M