GLOBAL X GOLD PRO INDX (GLDX.CA) Technical Analysis
TSX-V:GLDX • CA37965M1068
Overall GLDX gets a technical rating of 10 out of 10. 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.
- Warning: GLDX has an average volume of 23025 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that GLDX is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by GLDX over the past year are nicely spread over this period.
- GLDX 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 GLDX is lagging the market slightly.
- GLDX is an average performer in the Metals & Mining industry, it outperforms 63% of 815 stocks in the same industry.
- In the last month GLDX has a been trading in the 55.79 - 67.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although GLDX has an excellent technical rating, the quality of the presented setup is 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
52.91
We found 3 important support areas.
- A support zone ranging from 57.19 to 58.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.50 to 55.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.44 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 GLDX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLDX.CA is neutral. |
| ChartMill Relative Strength | 86.03 | POSITIVE | GLDX.CA has a high relative strength, it outperformed 86.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GLDX.CA is below 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) | 48.81 | NEUTRAL | The RSI value for GLDX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests GLDX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.87 | NEUTRAL | The Stochastics value for GLDX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for GLDX.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.54 | 57.18 | 5.36 (8.57%) | 11.67% |
| An entry @62.54. This is a Buy Stop order right above the 10 day moving average. | An exit @57.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.36 points, which is 8.57%. | When investing 11.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLDX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:GLDX (3/10/2026, 7:00:00 PM)
60.03
+0.68 (+1.15%)
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.
What is the current trend direction of GLOBAL X GOLD PRO INDX (GLDX.CA) stock?
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 48.8106. This indicates that the stock is currently neutral.
What are the support and resistance levels for GLOBAL X GOLD PRO INDX (GLDX.CA) stock?
GLOBAL X GOLD PRO INDX (GLDX.CA) has a support level at 58.79. Check the full technical report for our detailed analysis of GLDX.CA support and resistance levels.