| GDX latest price $42.9400 (3.15%) ($41.9300 - $43.0300) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 75 |
Latest Price | $42.9400(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.5% a day on average for past five trading days. |
Weekly Trend | GDX advances 5.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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 -1.23% in a week (0% probabilities). UUP(-33%) VIXM(-20%) TBT(-11%) VXX(-10%) IGOV(-7%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.4% |
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