VanEck Gold Miners ETF (GDX)

VanEck Gold Miners ETF is trading at $89.61, down 2.48% on the session. The 50 day average sits at $78.71 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 66.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $83.32 with resistance near $89.99, so that band frames the current range. Average daily movement is roughly $3.23, or about 3.6% of the share price, which is what any stop placement has to allow for. The overall health score of 72 out of 100 combines a trend score of 68, momentum of 88 and a risk score of 56.

The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index is a modified capitalization weighted, float-adjusted index comprised of publicly traded companies primarily involved in the gold and silver mining industry. The fund is non-diversified.