VanEck Gold Miners ETF (GDX, $40.51) entered Downtrend as Momentum indicator drops below 0 level on Mar 10, 2025

@PreciousMetals, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
GDX - VanEck Gold Miners ETF
Momentum signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $40.51
Daily change: -$1.13 (-2.71%)
Daily volume: 20.3M
Net Assets: $13.8B

This indicator may be signaling that GDX's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 83 similar cases where GDX's Momentum Indicator fell below the 0 level, and 74 of them led to a successful outcome. Odds of Success: 89%.