| GDX latest price $35.1600 (3.17%) ($34.0000 - $35.4500) on Thu. May. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.23% (three month average) |
RSI | 56 |
Latest Price | $35.1600(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.1% a day on average for past five trading days. |
Weekly Trend | GDX advances 1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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(46%) |
Factors Impacting GDX price | GDX will decline at least -3.115% in a week (0% probabilities). UUP(-33%) VIXM(-20%) TBT(-12%) VXX(-11%) IYT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.115% (StdDev 6.23%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.2% |
| |
|
|