SPROTT JR. GOLD MINERS ETF (SGDJ) Stock Technical Analysis
USA - NYSEARCA:SGDJ - US85210B2016 - ETF
80.09 USD
+2.67 (+3.45%)
80.2 USD
+0.11 (+0.14%)
Overall SGDJ 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, SGDJ is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SGDJ did better than 94% of all other stocks. We also observe that the gains produced by SGDJ over the past year are nicely spread over this period.
SGDJ 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 SGDJ is lagging the market slightly.
In the last month SGDJ has a been trading in the 67.13 - 85.01 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 SGDJ 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
51.49
80.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 77.42 to 78.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @54.74 from a trend line in the daily time frame.
- Support @52.01 from a trend 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 SGDJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGDJ is up. |
| ChartMill Relative Strength | 94.82 | POSITIVE | SGDJ has a high relative strength, it outperformed 94.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGDJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGDJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGDJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.91 | NEUTRAL | The RSI value for SGDJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SGDJ has a negative trend. |
| Stochastics (14,3) | 69.94 | NEUTRAL | The Stochastics value for SGDJ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SGDJ suggests some volalility. |
| Average Directional Index/ADX (14) | 45.02 | POSITIVE | The high ADX value value for SGDJ 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)
80.09
+2.67 (+3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.45%
1 Week2.12%
2 Weeks4.46%
1 Month14.38%
3 Month56.06%
6 Month76.14%
12 Month97.2%
2 Year202.57%
3 Year242.13%
5 Year79.94%
10 Year276.19%
15 YearN/A
Volatility
ATR(14)3.28
ATR(20)%3.6%
ATR Inc98.83%
Range Today1.79
ADR(20)2.41
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.82
Mansfield5.23
10 Day High85.01
10 Day Low73.43
20 Day High85.01
20 Day Low67.13
52 Week High85.01
52 Week Low32.54
CS1 End78.48
CR1 StartN/A
Volume & EV
DER(3)-2.25%
DER(5)0.72%
Volume110.50K
Volume Incr25.99%
Vol(5)101.40K
Vol(50)73.57K