SPROTT JR. GOLD MINERS ETF (SGDJ) Stock Technical Analysis
NYSEARCA:SGDJ - NYSE Arca - US85210B2016 - ETF - Currency: USD
Taking everything into account, SGDJ scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month SGDJ has a been trading in the 42.80 - 48.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, SGDJ did better than 88% of all other stocks. On top of that, SGDJ also shows a nice and consistent pattern of rising prices.
SGDJ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SGDJ is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
SGDJ has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
32.10
49.29
We found 6 important support areas.
- A support zone ranging from 42.87 to 43.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.23 from a trend line in the daily time frame.
- A support zone ranging from 36.98 to 37.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.23 to 36.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.00 from a trend line in the weekly time frame.
- Support @32.42 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.40 to 48.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.62
Mansfield1.16
10 Day High48.79
10 Day Low42.8
20 Day High48.87
20 Day Low42.8
52 Week High48.87
52 Week Low29.44
Performance
1 Week-10.06%
2 Weeks-1.09%
1 Month-6.71%
3 Month12.98%
6 Month24.61%
12 Month21.12%
2 Year45.6%
3 Year24.28%
5 Year25.6%
10 Year58.77%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.5
RSI(14)46.29
LBB42
UBB48.85
43.5198
-0.78 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.77%
1 Week-10.06%
2 Weeks-1.09%
1 Month-6.71%
3 Month12.98%
6 Month24.61%
12 Month21.12%
2 Year45.6%
3 Year24.28%
5 Year25.6%
10 Year58.77%
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%3.87%
ATR Inc-21.29%
Range Today0.75
ADR(20)1.18
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.62
Mansfield1.16
10 Day High48.79
10 Day Low42.8
20 Day High48.87
20 Day Low42.8
52 Week High48.87
52 Week Low29.44
CS1 End43.51
CR1 Start48.4
Volume & EV
DER(3)0.8%
DER(5)1.06%
Volume20.30K
Volume Incr-34.12%
Vol(5)25.90K
Vol(50)30.31K