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
Momentum Indicator for GDX turns positive, indicating new upward trend
GDX saw its Momentum Indicator move above the 0 level on May 22, 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 83 similar instances where the indicator turned positive. In of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GDX just turned positive on May 23, 2025. Looking at past instances where GDX's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
GDX moved above its 50-day moving average on May 19, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GDX advanced for three days, in of 290 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 192 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 June 03, 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 entered the overbought zone. Expect a price pull-back in the foreseeable future.
GDX broke above its upper Bollinger Band on June 02, 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.
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General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SRTY | 19.20 | 1.01 | +5.55% |
| ProShares UltraPro Short Russell2000 | |||
| RSSY | 18.06 | 0.12 | +0.69% |
| Return Stacked U.S. Stocks & Futures Yield ETF | |||
| MUJ | 10.81 | -0.02 | -0.15% |
| Blackrock Muniholdings NEW Jersey Quality Fund | |||
| DEHP | 27.34 | -0.36 | -1.30% |
| Dimensional Em Mkts High Prof ETF | |||
| EWG | 41.51 | -0.71 | -1.68% |
| iShares MSCI Germany ETF | |||
GDX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GDX has been closely correlated with GDXJ. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if GDX jumps, then GDXJ could also see price increases.
| Ticker / NAME | Correlation To GDX | 1D Price Change % | ||
|---|---|---|---|---|
| GDX | 100% | +1.74% | ||
| GDXJ - GDX | 98% Closely correlated | +0.88% | ||
| SGDM - GDX | 98% Closely correlated | +1.84% | ||
| GOAU - GDX | 97% Closely correlated | +1.93% | ||
| GOEX - GDX | 96% Closely correlated | +1.22% | ||
| RING - GDX | 94% Closely correlated | +1.60% | ||
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