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Market Vectors Gold Miners ETF (GDX) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneDojiThu, 16 Nov 20170.84%
***Stock database and scans are updated around midnight (New York time) every trading day.
22.79 0.00 (0%) Nov 17 4:00pm EST
Open: 22.73 Range: 22.57 - 22.92 Vol: 38.35M Avg Vol: 41.42M
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "GDX" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 22.64
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 22.69
Last Trade is below the 50 day moving average at 23.24
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 23.02
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of GDX

ETF Trend Analysis - Buy, Sell or Hold "Market Vectors Gold Miners ETF" (GDX)?

GDX is in a long term downtrend and it has traded about 75% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 41.4M shares changing hands. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is also showing some signs of weakness as GDX has been trading below its 20 SMA for 80% of the time in the last 8 weeks. As GDX is in a downtrend characterized by the 200 SMA, currently at 23.02, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "GDX".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance