GDXJ Stock Summary and Trading Ideas (Vaneck Junior Gold Miners ETF | ARCA:GDXJ)

VanEck Junior Gold Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the mining for gold and/or silver.

Vaneck Junior Gold Miners ETF trades on the ARCA stock market under the symbol GDXJ.

As of April 18, 2024, GDXJ stock price climbed to $41.66 with 5,608,859 million shares trading.

GDXJ has a beta of 0.76, meaning it tends to be less sensitive to market movements. GDXJ has a correlation of 0.07 to the broad based SPY ETF.

GDXJ has a market cap of $4.92 billion. This is considered a Mid Cap stock.

In the last 3 years, GDXJ stock traded as high as $55.79 and as low as $25.80.

GDXJ stock has underperformed the market in the last year with a return of +1.7%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GDXJ shares. However, GDXJ has outperformed the market in the last 3 month and 2 week periods, returning +23.8% and +1.4%, while SPY returned +6.1% and -3.8%, respectively. This indicates GDXJ has been having a stronger performance recently.

GDXJ support price is $40.38 and resistance is $42.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GDXJ stock will trade within this expected range on the day.