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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

VanEck Gold Miners ETF (PACF:GDX)

Bull Market Weakness (+75) - GDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GDX as it may be in the beginning stages of a reversal.

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.

PACF_GDX
Open High Low GDX Price Change
32.3000 33.1489 32.2000 33.0600 +0.5300
Entry Signal

MarketClub’s Trade Triangles for GDX

long term up The long-term trend has been UP since Apr 1st, 2024 at 31.7797

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 27.4500

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 33.1100

Smart Scan Analysis for GDX

Based on our trend formula, GDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.3000 33.1489 32.2000 33.0600 +0.5300
Prev. Close Volume Bid Ask Time
32.5300 24369010 2024-04-23 16:00:03
Year High24.86Year High Date2018-01-25
Year Low17.28Year Low Date2018-09-11
52wk High36.25552wk High Date2023-05-04
52wk Low25.6252wk Low Date2023-10-04
Year End Close46.39Average Volume30,269,447
Shares Outstanding414,553Assets77,001M
Beta0.23Volatility26.27
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