GLOBAL X GOLD PRO INDX (GLDX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GLDX - CA37965M1068 - ETF
Taking everything into account, GLDX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLDX is showing a nice and steady performance.
Although GLDX 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
35.44
We found 4 important support areas.
- A support zone ranging from 47.25 to 48.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.64 to 46.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.52 from a horizontal line in the daily time frame.
- Support @35.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.18 to 50.81. 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 GLDX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLDX.CA is up. |
| ChartMill Relative Strength | 89.47 | POSITIVE | GLDX.CA has a high relative strength, it outperformed 89.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLDX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLDX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLDX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.39 | NEUTRAL | The RSI value for GLDX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GLDX.CA has a positive trend. |
| Stochastics (14,3) | 80.36 | OVERBOUGHT | The high Stochastics value suggests GLDX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for GLDX.CA suggests a weak or negative trend. |
TSX-V:GLDX (12/12/2025, 7:00:00 PM)
50.17
-0.63 (-1.24%)
GLOBAL X GOLD PRO INDX / GLDX.CA FAQ
Can you provide the ChartMill technical rating for GLOBAL X GOLD PRO INDX?
ChartMill assigns a technical rating of 10 / 10 to GLDX.CA.
Can you provide the trend direction for GLOBAL X GOLD PRO INDX?
The current trend direction for GLOBAL X GOLD PRO INDX (GLDX.CA) is Bullish.
What is the RSI signal for GLDX stock?
GLOBAL X GOLD PRO INDX (GLDX.CA) has an RSI value of 61.391. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL X GOLD PRO INDX (GLDX.CA) stock?
The short term momentum for GLOBAL X GOLD PRO INDX (GLDX.CA) is positive.
What is the buy/sell signal for GLDX stock?
The buy/sell signal for GLOBAL X GOLD PRO INDX (GLDX.CA) is buy as both the short term and long term trends are positive.