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SPROTT GOLD MINERS ETF (SGDM) Stock Technical Analysis

NYSEARCA:SGDM - NYSE Arca - US85210B1026 - ETF - Currency: USD

39.14  -0.06 (-0.15%)

Technical Rating and Analysis

8

Taking everything into account, SGDM scores 8 out of 10 in our technical rating. In the last year, SGDM was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month SGDM has a been trading in the 38.04 - 44.69 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, SGDM did better than 92% of all other stocks. On top of that, SGDM also shows a nice and consistent pattern of rising prices.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
SGDM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGDM is lagging the market slightly.
Weekly and Daily overview Charts
SPROTT GOLD MINERS ETF / SGDM Weekly stock chart
SPROTT GOLD MINERS ETF / SGDM Daily stock chart
Setup Rating and Analysis

3

Although SGDM has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

26.73

43.82

We found 6 important support areas.

  • A support zone ranging from 38.14 to 39.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @30.91 from a trend line in the weekly time frame.
  • Support @29.20 from a trend line in the weekly time frame.
  • Support @28.38 from a trend line in the daily time frame.
  • Support @27.82 from a horizontal line in the weekly time frame.
  • Support @27.00 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 42.97 to 43.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.51
Mansfield1.79
10 Day High43.06
10 Day Low38.04
20 Day High44.69
20 Day Low38.04
52 Week High44.69
52 Week Low25.78
Performance
1 Week-8.89%
2 Weeks-1.63%
1 Month-8.72%
3 Month17.39%
6 Month40.39%
12 Month35.86%
2 Year46.1%
3 Year41.71%
5 Year32.01%
10 Year123.27%
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)-0.51
RSI(14)46.1
LBB37.65
UBB43.61
SPROTT GOLD MINERS ETF / SGDM Daily stock chart

SPROTT GOLD MINERS ETF

NYSEARCA:SGDM (5/16/2025, 8:21:56 PM)

39.14

-0.06 (-0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week-8.89%
2 Weeks-1.63%
1 Month-8.72%
3 Month17.39%
6 Month40.39%
12 Month35.86%
2 Year46.1%
3 Year41.71%
5 Year32.01%
10 Year123.27%
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%3.63%
ATR Inc-35.77%
Range Today0.9
ADR(20)1.11
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.51
Mansfield1.79
10 Day High43.06
10 Day Low38.04
20 Day High44.69
20 Day Low38.04
52 Week High44.69
52 Week Low25.78
CS1 End39.13
CR1 Start42.97
Volume & EV
DER(3)-3.72%
DER(5)-5.14%
Volume39.80K
Volume Incr-41.49%
Vol(5)59.76K
Vol(50)90.24K