| GDX latest price $25.6285 (-0.19%) ($25.3219 - $26.3605) on Mon. Jun. 13, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 63 |
Latest Price | $25.6285(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.4% a day on average for past five trading days. |
Weekly Trend | GDX advances 6.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) SIL(92%) GLD(75%) SLV(67%) BWX(46%) XME(42%) |
Factors Impacting GDX price | GDX will decline at least -1.72% in a week (0% probabilities). TBT(-17%) UUP(-15%) IBUY(-4%) IPO(-3%) VIXM(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.72% (StdDev 3.44%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
| |
|
|