| GDX latest price $33.5100 (2.67%) ($31.3200 - $33.6500) on Mon. Jun. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 48 |
Latest Price | $33.5100(2.67%) |
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 declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) GDXJ(98%) SIL(93%) GLD(80%) SLV(76%) BWX(47%) |
Factors Impacting GDX price | GDX will decline at least -2.74% in a week (0% probabilities). UUP(-34%) VIXM(-22%) VXX(-11%) TBT(-10%) IYT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.74% (StdDev 5.48%) |
Hourly BBV | 0.7 () |
Intraday Trend | 5.4% |
| |
|
|