SGDM Sprott Gold Miners ETF Forecast, Technical & Fundamental Analysis
The investment seeks results that correspond (before fees and expenses) to the performance of the Solactive Gold Miners Custom Factors Total Return Index... Show more
SGDM's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for SGDM turned positive on January 09, 2026. Looking at past instances where SGDM'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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SGDM advanced for three days, in of 304 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 244 cases where SGDM 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 has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Momentum Indicator moved below the 0 level on January 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SGDM as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 SGDM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SGDM broke above its upper Bollinger Band on January 12, 2026. 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.
Advertisement
General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TSCHX | 20.55 | -0.05 | -0.24% |
| Nuveen Quant Small Cap Equity I | |||
| LMCRX | 34.20 | -0.09 | -0.26% |
| Lord Abbett Mid Cap Stock R3 | |||
| UGMVX | 10.64 | -0.03 | -0.28% |
| Victory Global Managed Volatility | |||
| PRUFX | 108.52 | -0.38 | -0.35% |
| T. Rowe Price Growth Stock I | |||
| ALGZX | 21.61 | -0.08 | -0.37% |
| Alger Responsible Investing Z | |||
SGDM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SGDM has been closely correlated with GDX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SGDM jumps, then GDX could also see price increases.
| Ticker / NAME | Correlation To SGDM | 1D Price Change % | ||
|---|---|---|---|---|
| SGDM | 100% | +0.77% | ||
| GDX - SGDM | 98% Closely correlated | +0.78% | ||
| GDXJ - SGDM | 96% Closely correlated | -0.11% | ||
| GOAU - SGDM | 96% Closely correlated | +1.27% | ||
| RING - SGDM | 94% Closely correlated | +0.81% | ||
| SGDJ - SGDM | 91% Closely correlated | +0.37% | ||
More | ||||