SPROTT GOLD MINERS ETF (SGDM) Stock Technical Analysis
NYSEARCA:SGDM - NYSE Arca - US85210B1026 - ETF - Currency: USD
Taking everything into account, SGDM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGDM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SGDM did better than 90% of all other stocks. We also observe that the gains produced by SGDM over the past year are nicely spread over this period.
A new 52 week high is currently being made by SGDM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SGDM has a been trading in the 43.51 - 48.88 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SGDM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.54
49.36
We found 4 important support areas.
- A support zone ranging from 45.22 to 46.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.62 to 44.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.70 from a trend line in the weekly time frame.
- Support @27.82 from a horizontal line in the weekly 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 SGDM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGDM is up. |
| ChartMill Relative Strength | 90.84 | POSITIVE | SGDM has a high relative strength, it outperformed 90.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGDM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGDM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGDM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.01 | NEUTRAL | The RSI value for SGDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests SGDM has a positive trend. |
| Stochastics (14,3) | 96.01 | OVERBOUGHT | The high Stochastics value suggests SGDM may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SGDM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for SGDM suggests a weak or negative 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)
NYSEARCA:SGDM (8/6/2025, 8:04:00 PM)
48.87
+0.68 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.41%
1 Week10.04%
2 Weeks5.19%
1 Month9.26%
3 Month13.76%
6 Month46.54%
12 Month75.67%
2 Year94.49%
3 Year136.09%
5 Year34.48%
10 Year271.07%
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%2.36%
ATR Inc-3.38%
Range Today0.68
ADR(20)1.03
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.84
Mansfield2.64
10 Day High48.88
10 Day Low44.12
20 Day High48.88
20 Day Low43.51
52 Week High48.88
52 Week Low26.6
CS1 End46.04
CR1 StartN/A
Volume & EV
DER(3)9.31%
DER(5)9.46%
Volume29.40K
Volume Incr9.03%
Vol(5)44.96K
Vol(50)42.13K