Stock Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
VanEck Vectors Gold Miners ETF (PACF:GDX)
Weak Downtrend (-65) - GDX is showing signs of a strengthening downtrend. Monitor GDX as it may be building momentum to the downside.
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 Feb 28th, 2020 at 25.9750
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 27.7700
The short-term trend has been UP since Apr 2nd, 2020 at 25.3299
Smart Scan Analysis for GDX
Based on our trend formula, GDX is rated as a -65 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||31.84||52wk High Date||2020-02-24|
|52wk Low||16.18||52wk Low Date||2020-03-16|
|Year End Close||46.39||Average Volume||106,491,597|