| GDX latest price $35.5600 (1.05%) ($34.9650 - $35.5600) on Mon. Jun. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 62 |
Latest Price | $35.5600(1.05%) |
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 advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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(77%) BWX(47%) |
Factors Impacting GDX price | GDX will decline at least -1.505% in a week (0% probabilities). UUP(-34%) VIXM(-21%) VXX(-11%) TBT(-11%) IYT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.5% |
| |
|
|