GDXJ closes within prior day's range after lackluster session
VanEck Vectors Junior Gold Miners ETF (GDXJ) Technical Analysis Report for Jul 31, 2020 | by Techniquant Editorial Team
GDXJ ended the month 21.9% higher at 60.44 after gaining $1.54 (2.61%) today. Closing within the prior day's range, prices missed to decisively move beyond the previous day's trading range in a lackluster session.
Daily Candlestick Chart (GDXJ as at Jul 31, 2020):
Friday's trading range has been $1.61 (2.7%), that's below the last trading month's daily average range of $2.03. Weekly volatility is also lower, being slightly below the market's average weekly trading range. The longer-term, monthly volatility is currently slightly higher than usual for GDXJ.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.