| GDX latest price $21.2071 (3.18%) ($20.4751 - $21.3159) on Fri. Apr. 8, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 55 |
Latest Price | $21.2071(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1.3% a day on average for past five trading days. |
Weekly Trend | GDX advances 1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) SIL(92%) GLD(76%) SLV(67%) BWX(47%) XME(44%) |
Factors Impacting GDX price | GDX will decline at least -1.765% in a week (0% probabilities). UUP(-17%) TBT(-17%) IPO(-3%) VIXM(1%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.765% (StdDev 3.53%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
| |
|
|