| GDX latest price $41.7500 (2.05%) ($41.0950 - $41.9390) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 73 |
Latest Price | $41.7500(2.05%) |
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 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.22% in a week (0% probabilities). UUP(-34%) VIXM(-21%) TBT(-11%) VXX(-10%) IYT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.22% (StdDev 2.44%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.7% |
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