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Archive
- 7/24/2026 -
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Market Vectors Gold Miners (GDX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the Market Vectors Gold Miners (GDX). During the week, the GDX gained 3.91 points, or 5.48%, and closed at 75.23 on Friday, July 24, 2026. It was the best weekly gain since May 29, 2026. Weekly volume was -37% below average.
 Long-term trend: [See GDX long-term trend chart]
A long-term uptrend had started on September 26, 2022 at 21.52 and reached 117.18 on March 2, 2026. GDX gained -95.66 points, or -444.52%, in 179 weeks. The price is now at the 43.85% retracement level.
 Medium-term trend: [See GDX medium-term trend chart]
A medium-term downtrend had started on March 2, 2026 at 117.18 and reached 69.74 on July 17, 2026. GDX lost 47.44 points, or 40.48%, in 19 weeks. The price is now at the 11.57% retracement level.
 Weekly Technical Indicators: [See GDX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 July 17, 2026 at 69.74 and reached 77.99 on July 22, 2026. GDX gained -8.25 points, or -11.83%, in 5 days. The price is now at the 33.45% retracement level.
 Daily Technical Indicators: [See GDX daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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.
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