MICROSECTORS GOLD MINERS 3X (GDXU) Stock Technical Analysis
USA - NYSEARCA:GDXU - US0636795421 - ETF
173.37 USD
+23.5 (+15.68%)
183.59 USD
+10.22 (+5.89%)
We assign a technical rating of 10 out of 10 to GDXU. Both in the recent history as in the last year, GDXU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GDXU is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by GDXU over the past year are nicely spread over this period.
A new 52 week high is currently being made by GDXU, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GDXU has a been trading in the 94.00 - 174.41 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GDXU 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.
More info and screens
66.60
175.10
3 important support areas can be observed.
- Support @149.86 from a horizontal line in the daily time frame.
- Support @119.49 from a trend line in the daily time frame.
- Support @67.27 from a horizontal line 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 GDXU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDXU is up. |
| ChartMill Relative Strength | 98.25 | POSITIVE | GDXU has a high relative strength, it outperformed 98.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDXU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDXU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDXU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.83 | OVERBOUGHT | The high RSI value suggests GDXU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests GDXU has a positive trend. |
| Stochastics (14,3) | 80.53 | OVERBOUGHT | The high Stochastics value suggests GDXU may be overbought. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for GDXU suggests high volalility. |
| Average Directional Index/ADX (14) | 46.54 | POSITIVE | The high ADX value value for GDXU suggests a strong 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)
173.37
+23.5 (+15.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg15.68%
1 Week8.91%
2 Weeks26.83%
1 Month76.35%
3 Month132.9%
6 Month216.43%
12 Month247.3%
2 Year633.07%
3 Year489.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.58
ATR(20)%5.91%
ATR Inc68.49%
Range Today23.42
ADR(20)9.61
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.25
Mansfield15.13
10 Day High174.41
10 Day Low138.29
20 Day High174.41
20 Day Low94
52 Week High174.41
52 Week Low25.83
CS1 End149.86
CR1 StartN/A
Volume & EV
DER(3)1.24%
DER(5)-0.64%
Volume958.10K
Volume Incr19.21%
Vol(5)707.74K
Vol(50)703.79K