COPX Global X Copper Miners ETF (NEW)
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 9-month channel rising
Closed below support (US$92.38). Treat the buy level with caution.
- 9-month channel
- US$92.38 – US$100.89 · rising, +3% a year
- Price in channel
- −241% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$100.89
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -25% from US$96.4727 Aug 2026 → 30 Oct 2026
- Whose problem it was
- This companyno peer group to compare against
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 0%of what it lost
- What the record says
- 89% of 1109 comparable falls came back, typically in 64 days measured across every stock we hold history for, its peer group being too small
Fell -25% (27 Aug 2026 → 30 Oct 2026); regained 0% so far; company-specific.
Reported at the time: Canada Threatens Trump’s Industrial Achilles' Heel — 25 Aug 2026
Price history, with the path projected 3 months forward
Updated 7:16 AM ET (4 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$71.90
level as at 1 Nov 2026
Our target
US$80.53
by 7 Jan 2027
Projected move
12.0%
gross, before costs
Price is at or below our buy.
Target: COPX's usual move size (12.0%), the best return per day on this path.
This move size: reached in 57% of 11 past stretches, typically in 67 days. (0.18% per day)
- Upper line touches
- 3
- Lower line touches
- 2
- Fit confidence
- 61%
- Fitted
- 1 Nov 2026
Company information
About Global X Copper Miners ETF (NEW)
Global X Copper Miners ETF (NEW) (COPX) is an exchange-traded fund, a series of Global X Funds registered with the SEC (series S000028727), listed on ARCA and quoted in USD.
- Country
- United States
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.