GDX VanEck Gold Miners ETF Forecast, Technical & Fundamental Analysis
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE® Arca Gold Miners Index®... Show more
GDX's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for GDX turned positive on March 13, 2025. Looking at past instances where GDX's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on March 11, 2025. You may want to consider a long position or call options on GDX as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GDX advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 209 cases where GDX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for GDX moved out of overbought territory on April 01, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where GDX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GDX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GDX broke above its upper Bollinger Band on March 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| KARS | 21.45 | 0.37 | +1.77% |
| KraneShares Eltc Vhl and Ft Mbly ETF | |||
| USCA | 35.73 | 0.28 | +0.80% |
| Xtrackers MSCI USA Clmt Actn Eq ETF | |||
| HYDW | 46.45 | 0.15 | +0.32% |
| Xtrackers Low Beta High Yield Bond ETF | |||
| YYY | 11.40 | 0.01 | +0.09% |
| Amplify High Income ETF | |||
| SSG | 32.46 | -0.32 | -0.96% |
| ProShares UltraShort Semiconductors | |||
GDX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GDX has been closely correlated with RING. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if GDX jumps, then RING could also see price increases.
| Ticker / NAME | Correlation To GDX | 1D Price Change % | ||
|---|---|---|---|---|
| GDX | 100% | -0.09% | ||
| RING - GDX | 99% Closely correlated | -0.13% | ||
| GDXJ - GDX | 98% Closely correlated | -0.32% | ||
| SGDM - GDX | 98% Closely correlated | +0.29% | ||
| GOAU - GDX | 96% Closely correlated | -0.06% | ||
| GOEX - GDX | 96% Closely correlated | -0.19% | ||
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