GLOBAL X GOLD PRO INDX (GLDX.CA) Stock Technical Analysis
Canada - TSX-V:GLDX - CA37965M1068 - ETF
Taking everything into account, GLDX scores 4 out of 10 in our technical rating. GLDX was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
GLDX has an average technical rating and the quality of the presented setup is also not ideal 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
33.40
2 important support areas can be observed.
- A support zone ranging from 41.06 to 42.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.74 to 33.92. 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 | DOWN | NEGATIVE | The short term trend for GLDX.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLDX.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLDX.CA is below a declining 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) | 46.89 | NEUTRAL | The RSI value for GLDX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests GLDX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.9 | OVERSOLD | The low Stochastics value suggests GLDX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.56 | POSITIVE | The high ADX value value for GLDX.CA suggests a strong trend. |
TSX-V:GLDX (10/31/2025, 7:00:00 PM)
42.25
-0.55 (-1.29%)
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 4 / 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 46.8948. 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 negative.
What is the buy/sell signal for GLDX stock?
The buy/sell signal for GLOBAL X GOLD PRO INDX (GLDX.CA) is hold as the short term and long term trends are mixed.