| GDX latest price $35.0300 (3.95%) ($33.8750 - $35.4950) on Thu. May. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.21% (three month average) |
RSI | 75 |
Latest Price | $35.0300(3.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1.6% a day on average for past five trading days. |
Weekly Trend | GDX advances 4% a week on average for past two weeks. |
Market Behavior | Growth 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) GDXJ(97%) SIL(93%) GLD(80%) SLV(76%) BWX(45%) |
Factors Impacting GDX price | GDX will decline at least -3.105% in a week (0% probabilities). UUP(-34%) VIXM(-20%) TBT(-12%) VXX(-11%) IYT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.105% (StdDev 6.21%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.8% |
| |
|
|