| GDX latest price $19.2800 (1.74%) ($19.0300 - $19.3050) on Mon. Aug. 27, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 35 |
Latest Price | $19.2800(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.5% a day on average for past five trading days. |
Weekly Trend | GDX declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) SIL(92%) GLD(74%) SLV(66%) BWX(44%) XME(41%) |
Factors Impacting GDX price | GDX will decline at least -0.7% in a week (0% probabilities). TBT(-13%) UUP(-8%) VXX(-7%) SHY(0%) DRIV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|