| GDX latest price $38.7900 (-0.44%) ($37.8200 - $39.4400) on Thu. Jul. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 86 |
Latest Price | $38.7900(-0.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1.2% a day on average for past five trading days. |
Weekly Trend | GDX advances 5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -1.31% in a week (0% probabilities). UUP(-33%) VIXM(-21%) TBT(-11%) VXX(-10%) IYT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.31% (StdDev 2.62%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.3% |
| |
|
|