Technical Analysis for GDX - Market Vectors Gold Miners ETF

Grade Last Price % Change Price Change
A 35.91 1.44% 0.51
GDX closed up 1.44 percent on Wednesday, May 15, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 1.44%
Narrow Range Bar Range Contraction 1.44%

   Recent Intraday Alerts

Alert Time
Up 2% about 10 hours ago
60 Minute Opening Range Breakout about 13 hours ago
New 52 Week High about 13 hours ago
Rose Above Upper Bollinger Band about 13 hours ago
1.5x Volume Pace about 14 hours ago

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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.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Stock Fund American Depositary Receipt Gold Mining Gold Mining Industry Nyse Arca Gold Miners Index

Top 10 Components

Symbol Grade Price % Change Allocation
NEM B 1.46 12.17
GOLD B 1.69 7.46
GFI B 0.65 4.56
RGLD B 1.58 3.19
HMY B 1.51 2.16
BVN B -0.52 1.71
HL B 3.52 1.21
CDE B 1.34 0.77
IAG A 0.90 0.73
FSM A 1.90 0.58

Is GDX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 36.11
52 Week Low 25.206
Average Volume 26,576,586
200-Day Moving Average 29.42
50-Day Moving Average 32.52
20-Day Moving Average 34.15
10-Day Moving Average 34.64
Average True Range 0.90
RSI (14) 66.56
ADX 30.82
+DI 33.93
-DI 16.82
Chandelier Exit (Long, 3 ATRs) 33.41
Chandelier Exit (Short, 3 ATRs) 34.90
Upper Bollinger Bands 35.95
Lower Bollinger Band 32.35
Percent B (%b) 0.99
BandWidth 10.54
MACD Line 0.81
MACD Signal Line 0.73
MACD Histogram 0.0766
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.49
Resistance 3 (R3) 37.38 36.74 37.22
Resistance 2 (R2) 36.74 36.34 36.80 37.13
Resistance 1 (R1) 36.33 36.09 36.54 36.44 37.05
Pivot Point 35.69 35.69 35.80 35.75 35.69
Support 1 (S1) 35.28 35.29 35.49 35.39 34.77
Support 2 (S2) 34.64 35.04 34.70 34.69
Support 3 (S3) 34.23 34.64 34.60
Support 4 (S4) 34.34