SPROTT GOLD MINERS ETF (SGDM) Stock Technical Analysis
NYSEARCA:SGDM - NYSE Arca - US85210B1026 - ETF - Currency: USD
Overall SGDM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGDM is showing a nice and steady performance.
Warning: SGDM has an average volume of 28822 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SGDM is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SGDM also shows a nice and consistent pattern of rising prices.
SGDM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SGDM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SGDM has an excellent technical rating, but the quality of the setup is only medium 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
26.73
34.71
We found 4 important support areas.
- A support zone ranging from 33.23 to 33.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.12 from a trend line in the weekly time frame.
- A support zone ranging from 27.82 to 28.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.43 to 34.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.11
Mansfield0.75
10 Day High34.57
10 Day Low33.11
20 Day High34.57
20 Day Low29.72
52 Week High34.57
52 Week Low20.74
Performance
1 Week-3.26%
2 Weeks-0.35%
1 Month10.36%
3 Month9.7%
6 Month7.26%
12 Month55.71%
2 Year37.47%
3 Year10.99%
5 Year46.69%
10 Year70.2%
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)-0.03
RSI(14)58.02
LBB32.06
UBB34.87
33.24
-1.05 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.05%
1 Week-3.26%
2 Weeks-0.35%
1 Month10.36%
3 Month9.7%
6 Month7.26%
12 Month55.71%
2 Year37.47%
3 Year10.99%
5 Year46.69%
10 Year70.2%
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.37%
ATR Inc8.36%
Range Today1.17
ADR(20)0.65
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.11
Mansfield0.75
10 Day High34.57
10 Day Low33.11
20 Day High34.57
20 Day Low29.72
52 Week High34.57
52 Week Low20.74
CS1 End33.23
CR1 Start33.43
Volume & EV
DER(3)1.25%
DER(5)0%
Volume33.00K
Volume Incr31.49%
Vol(5)36.58K
Vol(50)28.82K