VANECK JUNIOR GOLD MINERS (GDXJ) Technical Analysis
NYSEARCA:GDXJ • US92189F7915
Current stock price
GDXJ Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to GDXJ. 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- 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 89% of all other stocks. On top of that, GDXJ also shows a nice and consistent pattern of rising prices.
- 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.
- In the last month GDXJ has a been trading in the 102.88 - 132.19 range, which is quite wide. It is currently trading near the high of this range.
- GDXJ has an average volume of 6216060 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.
GDXJ Weekly and Daily overview Charts
GDXJ Setup Rating and Analysis
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.
More info and screens
GDXJ Support and Resistance Analysis
90.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 108.57 to 109.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.49 from a horizontal line in the daily time frame.
- Support @91.26 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 129.06 to 129.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GDXJ Technical Indicator Signal Analysis
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 | 89.84 | POSITIVE | GDXJ has a high relative strength, it outperformed 89.84% 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) | DOWN | NEGATIVE | The current price of GDXJ is below a declining 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) | 55.59 | NEUTRAL | The RSI value for GDXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.35 | POSITIVE | The MACD value suggests GDXJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.87 | OVERBOUGHT | The high Stochastics value suggests GDXJ may be overbought. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for GDXJ suggests high volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for GDXJ suggests a weak or negative trend. |
GDXJ Chart- and CandleStick Pattern Analysis
GDXJ Technicals: Chart, Performance Metrics, Trend & Indicators
129.05
+0.21 (+0.16%)
VANECK JUNIOR GOLD MINERS / GDXJ TA FAQ
Can you provide the ChartMill technical rating for VANECK JUNIOR GOLD MINERS?
ChartMill assigns a technical rating of 9 / 10 to GDXJ.
What is the trend direction for GDXJ stock?
The current trend direction for VANECK JUNIOR GOLD MINERS (GDXJ) is Bullish.
Can you provide the RSI signal for VANECK JUNIOR GOLD MINERS?
VANECK JUNIOR GOLD MINERS (GDXJ) has an RSI value of 55.5949. This indicates that the stock is currently neutral.
What is the buy/sell signal for VANECK JUNIOR GOLD MINERS (GDXJ) stock?
The buy/sell signal for VANECK JUNIOR GOLD MINERS (GDXJ) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for VANECK JUNIOR GOLD MINERS (GDXJ) stock?
VANECK JUNIOR GOLD MINERS (GDXJ) has a support level at 109.59 and a resistance level at 129.06. Check the full technical report for our detailed analysis of GDXJ support and resistance levels.