GDXJ Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of the Junior Gold Miners ETF ( GDXJ) crossed above their 200 day moving average of $39.67, changing hands as high as $40.15 per share. Junior Gold Miners shares are currently trading up about 4.4% on the day. The chart below shows the one year performance of GDXJ shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Junior Gold Miners 200 Day Moving Average Chart

Looking at the chart above, GDXJ's low point in its 52 week range is $28.82 per share, with $75.16 as the 52 week high point — that compares with a last trade of $40.06.

If you liked this article you might like

Good, the Bad and the Ugly; What Troubles Me: Doug Kass' Views

What GDXJ Rally Really Means for Juniors Miners -- Frank Holmes

Huge Global Deficits Are One of 3 Reasons Why Gold Is Still in a Powerful Bull Market

Deere, Twitter, SPDR Gold Shares: Doug Kass' Views

Fed Hike May Flatten Yield Curve; Gold Loses Some Luster: Best of Kass