Stock Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
VanEck Vectors Gold Miners ETF (PACF:GDX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GDX
The long term trend has been UP since Dec 10th, 2018 at 20.51
The intermediate term trend has been UP since Nov 21st, 2018 at 19.80
The short term trend has been UP since Dec 4th, 2018 at 19.52
Smart Scan Analysis for GDX
Based on a pre-defined weighted trend formula for chart analysis, GDX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||24.86||Year High Date||2018-01-25|
|Year Low||17.28||Year Low Date||2018-09-11|
|52wk High||24.86||52wk High Date||2018-01-25|
|52wk Low||17.28||52wk Low Date||2018-09-11|
|Year End Close||46.39||Average Volume||38,894,002|