GLOBAL X GOLD EXPLORERS ETF (GOEX) Stock Technical Analysis
NYSEARCA:GOEX - NYSE Arca - US37954Y8637 - ETF - Currency: USD
Taking everything into account, GOEX scores 10 out of 10 in our technical rating. GOEX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: GOEX has an average volume of 6156 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GOEX did better than 89% of all other stocks. On top of that, GOEX also shows a nice and consistent pattern of rising prices.
GOEX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GOEX is lagging the market slightly.
In the last month GOEX has a been trading in the 31.36 - 35.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GOEX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.86
35.39
We found 3 important support areas.
- Support @31.69 from a trend line in the weekly time frame.
- A support zone ranging from 29.95 to 30.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.15 to 29.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.49 to 35.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.54
Mansfield0.33
10 Day High35.85
10 Day Low33.58
20 Day High35.85
20 Day Low31.36
52 Week High37.19
52 Week Low21.05
Performance
1 Week-4.44%
2 Weeks-3.22%
1 Month4.2%
3 Month2.47%
6 Month4.05%
12 Month53.19%
2 Year38.05%
3 Year11.51%
5 Year48.78%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)50.72
LBB33.34
UBB35.51
NYSEARCA:GOEX (2/21/2025, 8:24:14 PM)
33.61
-1.44 (-4.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.11%
1 Week-4.44%
2 Weeks-3.22%
1 Month4.2%
3 Month2.47%
6 Month4.05%
12 Month53.19%
2 Year38.05%
3 Year11.51%
5 Year48.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%2.61%
ATR Inc42.06%
Range Today1.35
ADR(20)0.69
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.54
Mansfield0.33
10 Day High35.85
10 Day Low33.58
20 Day High35.85
20 Day Low31.36
52 Week High37.19
52 Week Low21.05
CS1 End31.69
CR1 Start34.49
Volume & EV
DER(3)0.77%
DER(5)0.02%
Volume13.00K
Volume Incr3.09%
Vol(5)7.00K
Vol(50)6.16K