YLDMAX GOLD MIN OP IN ST ETF (GDXY) Stock Technical Analysis
USA - NYSEARCA:GDXY - US88634T8817 - ETF
16.31 USD
-0.26 (-1.57%)
16.41 USD
+0.1 (+0.61%)
Overall GDXY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GDXY is a bad performer.
When comparing the yearly performance of all stocks, GDXY is a bad performer in the overall market: 71% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
GDXY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GDXY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDXY is lagging the market.
Although GDXY 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
14.11
17.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.75 to 14.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 14.25 to 14.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @16.81 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 17.08 to 17.08. This zone is formed by a combination of multiple trend lines 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 GDXY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDXY is up. |
| ChartMill Relative Strength | 29.17 | NEGATIVE | GDXY has a low relative strength, it was outperformed by 70.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDXY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDXY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDXY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.19 | NEUTRAL | The RSI value for GDXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GDXY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.24 | NEUTRAL | The Stochastics value for GDXY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for GDXY suggests low volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for GDXY 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)
16.31
-0.26 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.57%
1 Week-1.87%
2 Weeks0.62%
1 Month7.87%
3 Month9.54%
6 Month0%
12 Month-10.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.77%
ATR Inc29.82%
Range Today0.42
ADR(20)0.23
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.17
Mansfield-0.65
10 Day High16.88
10 Day Low15.98
20 Day High16.88
20 Day Low14.8
52 Week High18.91
52 Week Low14.18
CS1 End14.76
CR1 Start16.81
Volume & EV
DER(3)-2.51%
DER(5)-0.21%
Volume530.20K
Volume Incr62.09%
Vol(5)537.66K
Vol(50)325.73K