Daily close 8.03 −1.35% on the day
Nov 8, 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.
What changed since yesterday
- The close moved from 8.14 to 8.03 (−1.35%); the daily trend is sideways.
- Nearest support is unchanged at 7.77 (3 touches).
- Nearest resistance is unchanged at 9.09 (4 touches).
- RSI(14) daily moved from 47.8 to 46.7 (−1.1).
- Yesterday's analysis →
GMX on Nov 8, 2026: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
GMX ended the day at 8.03, down 1.35 percent, with key levels intact in a quiet, fearful weekend market. The daily trend is sideways, while the weekly trend is up; daily RSI moved from 47.8 to 46.7, so momentum is balanced. With volume a little below normal, a daily close above 9.09 would improve the picture, while a close below 7.77 would weaken it.
Support and resistance on Nov 8, 2026
- Support 7.77 3.2% below the close
- Resistance 9.09 13.2% above the close
The bigger picture
The nearest ceiling is near 8.88, a band that has often turned the price back, while the weekly trend is up, so the two timeframes disagree. The nearest floor is near 7.85, and futures positions grew as the price fell, a sign of fresh bets on more weakness.
What to watch
A daily close above 9.09 would ease the pressure. A daily close below 7.77 would confirm more weakness and expose support near 7.01. Also watch whether the daily RSI of GMX, now 46.7, turns up.
Frequently asked questions
What were the support and resistance levels for GMX on Nov 8, 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 8, 2026?
GMX closed the day at 8.03, −1.35%. 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 (13.2% 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 (3.2% below the close) opens the way to 6.86–7.01.