| GDX latest price $23.6591 (-0.33%) ($23.2623 - $24.7900) on Wed. Feb. 1, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 65 |
Latest Price | $23.6591(-0.33%) |
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 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) SIL(91%) GLD(75%) SLV(67%) BWX(46%) XME(41%) |
Factors Impacting GDX price | GDX will decline at least -1.415% in a week (0% probabilities). TBT(-15%) UUP(-13%) IPO(-5%) VIXM(-0%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.415% (StdDev 2.83%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|