VANECK JUNIOR GOLD MINERS (GDXJ) Stock Technical Analysis
USA - NYSEARCA:GDXJ - US92189F7915 - ETF
We assign a technical rating of 8 out of 10 to GDXJ. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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
We found 6 important support areas.
- A support zone ranging from 92.97 to 93.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.29 from a horizontal line in the daily time frame.
- Support @75.65 from a trend line in the daily time frame.
- Support @74.25 from a trend line in the weekly time frame.
- Support @53.78 from a trend line in the weekly time frame.
- Support @41.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.93 to 95.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The short term trend for GDXJ is down. |
| ChartMill Relative Strength | 93.26 | POSITIVE | GDXJ has a high relative strength, it outperformed 93.26% 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 | 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) | 46.06 | NEUTRAL | The RSI value for GDXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.56 | NEGATIVE | The MACD value suggests GDXJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.5 | NEUTRAL | The Stochastics value for GDXJ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for GDXJ suggests some volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for GDXJ suggests a strong trend. |
93.67
-1.26 (-1.33%)
VANECK JUNIOR GOLD MINERS / GDXJ FAQ
Can you provide the ChartMill technical rating for VANECK JUNIOR GOLD MINERS?
ChartMill assigns a technical rating of 8 / 10 to GDXJ.
Can you provide the trend direction for VANECK JUNIOR GOLD MINERS?
The current trend direction for VANECK JUNIOR GOLD MINERS (GDXJ) is Bullish.
What is the RSI signal for VANECK JUNIOR GOLD MINERS (GDXJ) stock?
VANECK JUNIOR GOLD MINERS (GDXJ) has an RSI value of 46.0601. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VANECK JUNIOR GOLD MINERS?
The MACD indicator for VANECK JUNIOR GOLD MINERS (GDXJ) has a value of -1.55894, indicating a bearish trend.
What are the support and resistance levels for VANECK JUNIOR GOLD MINERS (GDXJ) stock?
VANECK JUNIOR GOLD MINERS (GDXJ) has a support level at 93.66 and a resistance level at 94.93. Check the full technical report for our detailed analysis of GDXJ support and resistance levels.