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 Stochastic Oscillator remains in overbought zone for 2 days
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
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 July 22, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 22, 2025. You may want to consider a long position or call options on SGDM as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SGDM just turned positive on July 22, 2025. Looking at past instances where SGDM'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 SGDM advanced for three days, in of 289 cases, the price rose further within the following month. The odds of a continued upward trend are .
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General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| IAVGX | 21.08 | 0.09 | +0.43% |
| Voya Growth and Income Port A | |||
| ACUSX | 13.43 | 0.05 | +0.37% |
| Advisors Capital Total Return – Equity | |||
| IPLIX | 28.66 | 0.10 | +0.35% |
| Voya Index Plus LargeCap Port I | |||
| GAFSX | 19.07 | 0.01 | +0.05% |
| Gabelli Global Financial Services AAA | |||
| MRSJX | 26.33 | -0.10 | -0.38% |
| MFS Research International R4 | |||
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 93% 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% | +0.61% | ||
| GDX - SGDM | 93% Closely correlated | +1.18% | ||
| RING - SGDM | 92% Closely correlated | +1.02% | ||
| GDXJ - SGDM | 91% Closely correlated | -0.57% | ||
| SIL - SGDM | 89% Closely correlated | -0.77% | ||
| SILJ - SGDM | 89% Closely correlated | -1.02% | ||
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