Stock Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Goldex Resources Corp (CDNX:GDX)
Sidelines Mode (+55) - GDX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 3rd, 2020 at 0.110
The intermediate-term trend has been UP since Apr 3rd, 2020 at 0.090
The short-term trend has been DOWN since May 25th, 2020 at 0.085
Smart Scan Analysis for GDX
Based on our trend formula, GDX is rated as a +55 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|