The Greedy Trader Weekly Analysis
Sign In Feb 23, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 4
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 2/16/2018
Sign In to see current Signals.
Market Vectors Gold Miners
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal line
Daily :Stochastic signal line moved above oversold areaThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week for the Market Vectors Gold Miners (GDX). During the week, the GDX gained 1.16 points, or 5.43%, and closed at 22.51 on Friday, February 16, 2018. It was the best weekly gain since September 1, 2017. Weekly volume was 23% above average.

Long-term trend: [See GDX long-term trend chart]
A long-term downtrend had started on August 11, 2016 at 31.79 and reached 18.58 on December 20, 2016. GDX lost 13.21 points, or 41.55%, in 18 weeks. The price is now at the 29.75% retracement level.

Medium-term trend: [See GDX medium-term trend chart]
A medium-term uptrend had started on December 20, 2016 at 18.58 and reached 25.71 on February 8, 2017. GDX gained -7.13 points, or -38.37%, in 7 weeks. The price is now at the 44.88% retracement level.

Weekly Technical Indicators: [See GDX weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See GDX short-term trend chart]
A short-term uptrend had started on February 9, 2018 at 20.83 and reached 23.15 on February 14, 2018. GDX gained -2.32 points, or -11.14%, in 5 days. The price is now at the 27.59% retracement level.

Daily Technical Indicators: [See GDX daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since January 29, 2018. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.51
Williams' Percentage Range (W%R) 50.90
Lane's Stochastic (%D-Slow) 65.56
Greed/Fear Indicator (GFI) 51.07
Moving Average Converg./Diverg. (MACD) -0.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.94
Williams' Percentage Range (W%R) 50.90
Lane's Stochastic (%D-Slow) 58.76
Greed/Fear Indicator (GFI) 52.60
Moving Average Converg./Diverg. (MACD) 0.01
Trading Signals
Description Value Chart
Upper Bollinger Band 24.70
20 Day Moving Average 23.03
50 Day Moving Average 22.94
Weekly Stochastic Crossing 22.93
Daily Stochastic Crossing 22.51
Price 22.51
Parabolic System 20.90
Lower Bollinger Band 20.88
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 20.83
Low Date 02/09/2018
High 23.15
High Date 02/14/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 20.83
Low Date 02/09/2018
High 23.15
High Date 02/14/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.58
Low Date 12/20/2016
High 25.71
High Date 02/08/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 31.79
High Date 08/11/2016
Low 18.58
Low Date 12/20/2016
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 12.40
Low Date 01/19/2016
High 31.79
High Date 08/11/2016
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.