Market Vectors Junior Gold Miners Bullish Moving Average Crossover Alert (GDXJ)
Market Vectors Junior Gold Miners (NASDAQ:GDXJ) shares have crossed bullishly above their 10-day moving average of $45.16 on a volume of 1.8 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Market Vectors Junior Gold Miners share prices have been bracketed by a low of $16.87 and a high of $52.50 and are now at $45.75, 171% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.4% while the 50-day MA has advanced 3.2%.
SmarTrend is tracking the current trend status for Market Vectors Junior Gold Miners and will alert subscribers who have GDXJ in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses market vectors junior gold miners