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GOEX
ETF ticker: NYSE ARCA
AS OF
Jan 22 closing price
Price
$32.29
Change
+$0.03 (+0.09%)
Net Assets
40.62M

GOEX stock forecast, quote, news & analysis

GOEX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for GOEX with price predictions
Jan 08, 2025

Momentum Indicator for GOEX turns positive, indicating new upward trend

GOEX saw its Momentum Indicator move above the 0 level on January 03, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for GOEX just turned positive on January 06, 2025. Looking at past instances where GOEX'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOEX advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOEX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GOEX broke above its upper Bollinger Band on January 08, 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Prudential Financial (NYSE:PRU), ANTERO RESOURCES Corp (NYSE:AR), Hecla Mining Company (NYSE:HL), SSR Mining (NASDAQ:SSRM).

Industry description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Gold Explorers & Developers Total Return Index. The fund invests at least 80% of its total assets in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index is a free float-adjusted, liquidity-tested and market capitalization-weighted index that is designed to measure broad-based equity market performance of global companies involved in gold exploration. It is non-diversified.

Market Cap

The average market capitalization across the Global X Gold Explorers ETF ETF is 13.5B. The market cap for tickers in the group ranges from 415.12M to 116.34B. ANTM holds the highest valuation in this group at 116.34B. The lowest valued company is SKE at 415.12M.

High and low price notable news

The average weekly price growth across all stocks in the Global X Gold Explorers ETF ETF was 7%. For the same ETF, the average monthly price growth was 22%, and the average quarterly price growth was 55%. TXG experienced the highest price growth at 9%, while EQX experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the Global X Gold Explorers ETF ETF was 31%. For the same stocks of the ETF, the average monthly volume growth was 58% and the average quarterly volume growth was 74%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 66
P/E Growth Rating: 63
Price Growth Rating: 44
SMR Rating: 78
Profit Risk Rating: 60
Seasonality Score: -36 (-100 ... +100)
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GOEX
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A.I. Advisor
published General Information

General Information

Category PreciousMetals

Profile
Fundamentals
Details
Category
Equity Precious Metals
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com