Technical Analysis for GDX - Market Vectors Gold Miners ETF

Grade Last Price % Change Price Change
grade F 18.16 0.00% 0.00
GDX closed down 2.37 percent on Thursday, August 16, 2018, on 2.17 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical GDX trend table...

Date Alert Name Type % Chg
Aug 16 New 52 Week Closing Low Bearish 0.00%
Aug 16 Lower Bollinger Band Walk Weakness 0.00%
Aug 16 New 52 Week Low Weakness 0.00%
Aug 16 Below Lower BB Weakness 0.00%
Aug 16 Down 3 Days in a Row Weakness 0.00%
Aug 16 Down 4 Days in a Row Weakness 0.00%
Aug 16 Down 5 Days in a Row Weakness 0.00%
Aug 16 Lower Bollinger Band Touch Weakness 0.00%
Aug 16 Oversold Stochastic Weakness 0.00%
Aug 15 New 52 Week Closing Low Bearish -2.37%

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.
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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.58
52 Week Low 18.15
Average Volume 36,182,273
200-Day Moving Average 22.2915
50-Day Moving Average 21.6188
20-Day Moving Average 20.755
10-Day Moving Average 20.126
Average True Range 0.4262
ADX 38.64
+DI 8.2454
-DI 52.2666
Chandelier Exit (Long, 3 ATRs ) 20.6414
Chandelier Exit (Short, 3 ATRs ) 19.4286
Upper Bollinger Band 22.6433
Lower Bollinger Band 18.8667
Percent B (%b) -0.19
BandWidth 18.196097
MACD Line -0.7359
MACD Signal Line -0.4753
MACD Histogram -0.2607
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.36
Resistance 3 (R3) 19.49 19.22 19.16
Resistance 2 (R2) 19.22 18.91 19.16 19.09
Resistance 1 (R1) 18.69 18.73 18.56 18.56 19.03
Pivot Point 18.42 18.42 18.35 18.36 18.42
Support 1 (S1) 17.89 18.11 17.76 17.76 17.29
Support 2 (S2) 17.62 17.93 17.56 17.23
Support 3 (S3) 17.09 17.62 17.16
Support 4 (S4) 16.96