Daily close 8.14 −2.28% on the day
Nov 7, 2026 in one sentence
GMX closed the day between support 7.77 and resistance 9.09. A daily close above 9.09 breaks resistance, and there is no higher daily level in the current data. A daily close below 7.77 opens the way to 6.86–7.01.
GMX on Nov 7, 2026: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
GMX opened at 8.32, climbed to 8.60, then fell back to close at 8.14, right at the day's low, a rejection that shows supply above. The four-hour trend confirmed a break below 8.16, but the daily trend is neutral and the monthly trend points up after its earlier break above 7.85. A daily close above 9.09 would clear the ceiling and open the way toward 9.35, while a daily close below 7.77 would break the base and point toward 6.86–7.01.
Support and resistance on Nov 7, 2026
- Support 7.77 4.5% below the close
- Resistance 9.09 11.7% above the close
The bigger picture
Price closed on its medium-term average and stays above its long-term average. The daily floor at 7.77–7.85 has been tested three times and matches the weekly support, a strong base, while the daily ceiling has held four times.
What to watch
Momentum reads 47.8, balanced. Watch the daily close: above 9.09 extends the monthly uptrend; below 7.77 breaks the base and shifts the tone lower.
Frequently asked questions
What were the support and resistance levels for GMX on Nov 7, 2026?
On the daily chart, the nearest support is 7.77 and the nearest resistance is 9.09.
Was GMX up or down on Nov 7, 2026?
GMX closed the day at 8.14, −2.28%. The daily trend is sideways. A daily close beyond 7.77 or 9.09 is what would change that picture.
What happens if GMX closes above 9.09?
A daily close above 9.09 (11.7% above the close) breaks resistance, and there is no higher daily level in the current data.
What happens if GMX closes below 7.77?
A daily close below support 7.77 (4.5% below the close) opens the way to 6.86–7.01.