Technical Analysis for GDX - Market Vectors Gold Miners ETF

Grade Last Price % Change Price Change
grade C 28.045 2.77% 0.76
GDX closed up 2.44 percent on Monday, September 16, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Down
See historical GDX trend table...

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 2.77%
NR7 Range Contraction 2.77%
Inside Day Range Contraction 2.77%
Oversold Stochastic Weakness 2.77%
Oversold Stochastic Weakness 5.27%
50 DMA Resistance Bearish 2.84%
MACD Bearish Centerline Cross Bearish 2.84%
Expansion Pivot Sell Setup Bearish Swing Setup 2.84%
Outside Day Range Expansion 2.84%
Oversold Stochastic Weakness 2.84%

Older signals for GDX ...

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Profile
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.
Stock Market Index Security Stock Fund Equity Securities American Depositary Receipt Nyse Arca Gold Miners Index Gold Mining Industry
Is GDX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 30.96
52 Week Low 18.14
Average Volume 60,640,821
200-Day Moving Average 23.4103
50-Day Moving Average 28.1408
20-Day Moving Average 28.8505
10-Day Moving Average 28.327
Average True Range 0.9528
ADX 19.1
+DI 16.4085
-DI 27.9778
Chandelier Exit (Long, 3 ATRs ) 28.1016
Chandelier Exit (Short, 3 ATRs ) 29.4584
Upper Bollinger Band 31.3199
Lower Bollinger Band 26.3811
Percent B (%b) 0.18
BandWidth 17.118594
MACD Line -0.2579
MACD Signal Line 0.1375
MACD Histogram -0.3954
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.21
Resistance 3 (R3) 28.18 27.84 28.06
Resistance 2 (R2) 27.84 27.61 27.86 28.01
Resistance 1 (R1) 27.57 27.46 27.71 27.60 27.96
Pivot Point 27.23 27.23 27.30 27.24 27.23
Support 1 (S1) 26.95 26.99 27.09 26.98 26.62
Support 2 (S2) 26.61 26.85 26.63 26.57
Support 3 (S3) 26.34 26.61 26.52
Support 4 (S4) 26.37