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 July 31, 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 87 similar instances where the indicator turned positive. In of the 87 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 August 04, 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 August 01, 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 285 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 184 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 RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 August 05, 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 % |
| ABLG | 29.83 | 0.26 | +0.89% |
| Abacus FCF International Leaders ETF | |||
| JULJ | 25.08 | 0.02 | +0.06% |
| Innovator Premium Income 30 Bar ETF -Jul | |||
| UCON | 24.94 | -0.01 | -0.04% |
| First Trust Smith Unconstrained Pl BdETF | |||
| TFPN | 23.59 | -0.14 | -0.57% |
| Blueprint Chesapeake Multi-Asst Trnd ETF | |||
| SDHY | 16.72 | -0.12 | -0.71% |
| PGIM Short Duration High Yield Opportunities Fund | |||
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 97% 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% | +1.01% | ||
| RING - GDX | 97% Closely correlated | +1.20% | ||
| SGDM - GDX | 96% Closely correlated | +0.57% | ||
| GDXJ - GDX | 96% Closely correlated | +1.53% | ||
| GOAU - GDX | 95% Closely correlated | +0.42% | ||
| SGDJ - GDX | 90% Closely correlated | +1.08% | ||
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