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iShares MSCI Global Gold Miners ETF (RING) – sideways & breakout history

NASDAQ

iShares MSCI Global Gold Miners ETF has been moving sideways between $20.61 and $27.97 since 1 Oct 2023.

Since 2019, NasdaqScan has found 3 sideways ranges in RING. Completed ranges lasted 746 days on average, from 490 to 1001 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 36% wide from low to high. NasdaqScan detected one breakout pattern in iShares MSCI Global Gold Miners ETF, on 3 Oct 2021 after 490 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$20.61 – $27.971 Oct 2023Still sideways——
$25.47 – $37.95917 Jan 202115 Oct 2023 (1001 days)Broke below the range at $19.73413 Oct 2021 (BO accepted)
$15.87 – $24.7910 Nov 201914 Mar 2021 (490 days)Broke above the range at $25.68—

Breakout patterns detected

  • 3 Oct 2021: breakout from a sideways range after 490 days (BO accepted)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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