Stock Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Goldex Resources Corp (CDNX:GDX)
Long-Term Downtrend (-90) - GDX is in a strong downtrend that is likely to continue. While GDX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GDX
The long-term trend has been DOWN since May 29th, 2020 at 0.065
The intermediate-term trend has been DOWN since Oct 30th, 2020 at 0.075
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.075
Smart Scan Analysis for GDX
Based on our trend formula, GDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.56||Year High Date||2018-03-20|
|Year Low||0.155||Year Low Date||2018-11-14|
|52wk High||2.56||52wk High Date||2018-03-20|
|52wk Low||0.155||52wk Low Date||2018-11-14|
|Year End Close||0.02||Average Volume||12,170|