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VanEck Gold Miners ETF

GDX.AX Technical Analysis Summary (ASX)

Analyze GDX.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GDX.AX●ASX
Financial ServicesAsset Management
$107.90
$3.30(3.15%)
Australian Market opens in 49h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GDX.AX Technical Analysis Summary (ASX)

VanEck Gold Miners ETF (ASX: GDX.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.41)
Trend Strength:Weak (ADX: 19.04)
Volatility:Medium (ATR: 2.68)
Support/Resistance:$103.87 – $116.56 (Bollinger Bands)

Technical conditions suggest VanEck Gold Miners ETF on the ASX is awaiting a decisive move. Technical conditions suggest VanEck Gold Miners ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.66

Bearish
Momentum remains weak below midpoint.

Williams %R: -41.01

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.91

Bearish
Selling pressure outweighs buying.

Takeaway:VanEck Gold Miners ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.76

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.04

Weak
Weak trend, market trading sideways.

ATR (14): 2.68

Medium
Medium volatility, healthy price movement.

CCI (14): -49.01

Bearish
Bearish, momentum remains under pressure.

Takeaway:VanEck Gold Miners ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$116.56
Middle Band (SMA 20)
$110.22
Lower Band
$103.87
Current Position
Within Bands

Takeaway:VanEck Gold Miners ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$115.30
Middle Line (EMA 20)
$109.94
Lower Channel
$104.58
Squeeze Status
No Squeeze

Takeaway:VanEck Gold Miners ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume700.98K
Money Flow Index40.43Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.50Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GDX.AX shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of VanEck Gold Miners ETF (ASX: GDX.AX), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for VanEck Gold Miners ETF are mixed, suggesting a Hold or wait-and-see approach.

(ASX: GDX.AX) Technical Analysis FAQ