| GDX latest price $18.6900 (-1.58%) ($18.5800 - $18.8600) on Thu. Aug. 30, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 33 |
Latest Price | $18.6900(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.3% a day on average for past five trading days. |
Weekly Trend | GDX declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal 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%) IFRA(-3%) SHY(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 | -0.9% |
| |
|
|