Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

Junior Gold Miners Getting Very Oversold

Mon, Dec 24, 11:45 AM ET, by ETF Channel

In trading on Monday, shares of the Junior Gold Miners ETF (GDXJ) entered into oversold territory, changing hands as low as $19.01 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Junior Gold Miners, the RSI reading has hit 23.2 by comparison, the RSI reading for the S&P 500 is currently 55.1.

A bullish investor could look at GDXJ's 23.2 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), GDXJ's low point in its 52 week range is $17.37 per share, with $30.55 as the 52 week high point that compares with a last trade of $19.13. Junior Gold Miners shares are currently trading off about 2% on the day.

Junior Gold Miners 1 Year Performance Chart


Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.

Read the original article at ETF Channel: Junior Gold Miners Getting Very Oversold


SDI Glossary: "Channel" Definition
SDI Glossary: "Oversold" Definition
This Article's Word Cloud:   Channel   Dave   Days   GDXJ   Getting   Gold   Growth   Junior   Looking   Miners   Moenning   Oversold   Relative   Special   Strength   analysis   below   bullish   case   changing   compares   comparison   currently   define   entered   entry   falls   heavy   into   last   look   oversold   point   range   reading   selling   share   shares   sign   technical   territory   that   trading   used   using   week   what   which   with   zero

| More

iShares MSCI United Kingdom Getting Very Oversold
Wed, Oct 1, 12:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI United Kingdom ETF (EWU) entered into ...

VBR Crowded With Sellers
Wed, Oct 1, 12:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the Vanguard Small-Cap Value ETF (VBR) entered into oversold ...

FYX Crowded With Sellers
Wed, Oct 1, 12:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the First Trust Small Cap Core AlphaDEX Fund ETF ...

IXUS Crosses Critical Technical Indicator
Wed, Oct 1, 12:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Core MSCI Total International Stock ETF (IXUS) ...

VPL Crowded With Sellers
Wed, Oct 1, 12:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the Vanguard FTSE Pacific ETF (VPL) entered into oversold ...

First Trust Europe AlphaDEX Fund Getting Very Oversold
Wed, Oct 1, 12:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the First Trust Europe AlphaDEX Fund ETF (FEP) entered ...

DFJ Makes Notable Cross Below Critical Moving Average
Wed, Oct 1, 11:54 AM ET, by ETF Channel

In trading on Wednesday, shares of the Japan SmallCap Dividend ETF (DFJ) crossed below their ...

United Rentals Achieves #84 Analyst Rank, Surpassing Adobe Systems
Wed, Oct 1, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

First Trust Consumer Discretionary AlphaDEX Fund Breaks Below 200-Day Moving Average - Notable for FXD
Wed, Oct 1, 11:44 AM ET, by ETF Channel

In trading on Wednesday, shares of the First Trust Consumer Discretionary AlphaDEX Fund ETF (FXD) ...

iShares MSCI All Country Asia ex Japan (AAXJ) Shares Cross Below 200 DMA
Wed, Oct 1, 11:44 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI All Country Asia ex Japan ETF ...

ACWI Makes Notable Cross Below Critical Moving Average
Wed, Oct 1, 11:44 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI ACWI ETF (ACWI) crossed below their ...

iShares U.S. Telecommunications (IYZ) Shares Cross Below 200 DMA
Wed, Oct 1, 11:34 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares U.S. Telecommunications ETF (IYZ) crossed below their ...

EWI: Large Outflows Detected at ETF
Wed, Oct 1, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: EWI Exchange traded funds (ETFs) trade just like stocks, but ...

EFNL Crosses Critical Technical Indicator
Wed, Oct 1, 11:24 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI Finland Capped ETF (EFNL) entered into ...

IEIL Crowded With Sellers
Wed, Oct 1, 11:24 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Enhanced International Large-Cap ETF (IEIL) entered into ...

Shares of IPAC Now Oversold
Wed, Oct 1, 11:24 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Core MSCI Pacific ETF (IPAC) entered into ...

GEX Crowded With Sellers
Wed, Oct 1, 11:24 AM ET, by ETF Channel

In trading on Wednesday, shares of the Global Alternative Energy ETF (GEX) entered into oversold ...

EMFT Makes Notable Cross Below Critical Moving Average
Tue, Sep 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR MSCI EM 50 ETF (EMFT) crossed below ...

DDG Makes Bullish Cross Above Critical Moving Average
Tue, Sep 30, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the Proshares Short Oil & Gas ETF (DDG) crossed ...

RSXJ Crosses Critical Technical Indicator
Tue, Sep 30, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the Russia Small-Cap ETF (RSXJ) entered into oversold territory, ...

Shares of EMDD Now Oversold
Tue, Sep 30, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the EGShares S&P Emerging Markets Domestic Demand ETF (EMDD) ...

FDD Crowded With Sellers
Tue, Sep 30, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust STOXX European Select Dividend Index Fund ...

Guggenheim Canadian Energy Income Getting Very Oversold
Tue, Sep 30, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the Guggenheim Canadian Energy Income ETF (ENY) entered into ...

See How International Business Machines Ranks Among Analysts' Top Dow 30 Picks
Tue, Sep 30, 11:54 AM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that International Business Machines Corp. ...

Equifax Moves Up In Analyst Rankings, Passing Medtronic
Tue, Sep 30, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

EMB: Large Outflows Detected at ETF
Tue, Sep 30, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: EMB Exchange traded funds (ETFs) trade just like stocks, but ...

IEV: ETF Outflow Alert
Tue, Sep 30, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: IEV Exchange traded funds (ETFs) trade just like stocks, but ...

VYM, MO, OXY, CAT: ETF Inflow Alert
Tue, Sep 30, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: VYM, MO, OXY, CAT Exchange traded funds (ETFs) trade just ...

EWW: ETF Outflow Alert
Tue, Sep 30, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: EWW Exchange traded funds (ETFs) trade just like stocks, but ...

BRAF Makes Notable Cross Below Critical Moving Average
Tue, Sep 30, 11:24 AM ET, by ETF Channel

In trading on Tuesday, shares of the Brazil Financials ETF (BRAF) crossed below their 200 ...

Shares of INKM Now Oversold
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR SSgA Income Allocation ETF (INKM) entered into ...

FVI Makes Bullish Cross Above Critical Moving Average
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust Value Line Equity Allocation Index Fund ...

FVL Crosses Below Key Moving Average Level
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust Value Line 100 Exchange-Traded Fund ETF ...

PGJ Crowded With Sellers
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares Golden Dragon China Portfolio ETF (PGJ) entered ...

Shares of CWI Now Oversold
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR MSCI ACWI ex-US ETF (CWI) entered into ...

PXH Crosses Critical Technical Indicator
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares FTSE RAFI Emerging Markets Portfolio ETF (PXH) ...

DTH Crosses Critical Technical Indicator
Tue, Sep 30, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the WisdomTree DEFA Equity Income Fund ETF (DTH) entered ...

ADP a Top 25 Dividend Giant With $397.12B Held By ETFs
Tue, Sep 30, 8:14 AM ET, by ETF Channel

Automatic Data Processing Inc. (ADP) has been named as a Top 25 ''Dividend Giant'' by ...

EEMS Crowded With Sellers
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the iShares MSCI Emerging Markets Small-Cap ETF (EEMS) entered ...

Shares of QEM Now Oversold
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the MSCI Emerging Markets Quality ETF (QEM) entered into ...

iShares 0-5 Year Investment Grade Corporate Bond Getting Very Oversold
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the iShares 0-5 Year Investment Grade Corporate Bond ETF ...

AXJL Crosses Below Key Moving Average Level
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the Asia Pacific ex-Japan ETF (AXJL) crossed below their ...

Shares of IBDB Now Oversold
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the iBonds Mar 2018 Corporate ETF (IBDB) entered into ...

First Trust BICK Index Fund Breaks Below 200-Day Moving Average - Notable for BICK
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the First Trust BICK Index Fund ETF (BICK) crossed ...

BRXX Crosses Critical Technical Indicator
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the EGShares Brazil Infrastructure ETF (BRXX) entered into oversold ...

QDEM Crowded With Sellers
Mon, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the MSCI Emerging Markets Quality Dividend ETF (QDEM) entered ...

VT Makes Notable Cross Below Critical Moving Average
Mon, Sep 29, 11:44 AM ET, by ETF Channel

In trading on Monday, shares of the Vanguard Total World Stock ETF (VT) crossed below ...

iShares MSCI BRIC (BKF) Shares Cross Below 200 DMA
Mon, Sep 29, 11:44 AM ET, by ETF Channel

In trading on Monday, shares of the iShares MSCI BRIC ETF (BKF) crossed below their ...

EPU Crosses Below Key Moving Average Level
Mon, Sep 29, 11:34 AM ET, by ETF Channel

In trading on Monday, shares of the iShares MSCI All Peru Capped ETF (EPU) crossed ...

PGJ Crosses Below Key Moving Average Level
Mon, Sep 29, 11:34 AM ET, by ETF Channel

In trading on Monday, shares of the PowerShares Golden Dragon China Portfolio ETF (PGJ) crossed ...

Related videos | all videos »
  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

Junior Gold Miners Getting Very Oversold | Self Directed Investor | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of over 1000 individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.