Market Overview

Uptrend Call Realized As Market Vectors - Gold Miners ETF Stock Rises 8.2% (GDX)

(via COMTEX News Network)--

SmarTrend is monitoring the recent change of momentum in Market Vectors - Gold Miners ETF. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Market Vectors - Gold Miners ETF in search of a potential trend change.

In the past 52 weeks, shares of Market Vectors - Gold Miners ETF have traded between a low of $46.80 and a high of $64.62 and are now at $59.69, which is 28% above that low price.

Market Vectors - Gold Miners ETF is currently above its 50-day moving average of $55.23 and above its 200-day moving average of $57.80. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has fallen 0.39% while the 200-day MA has remained constant.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Market Vectors - Gold Miners ETF shares.

Write to Chip Brian at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

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