| GDX latest price $41.6000 (2.51%) ($40.0700 - $41.6300) on Wed. Aug. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 41 |
Latest Price | $41.6000(2.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.3% a day on average for past five trading days. |
Weekly Trend | GDX declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock 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(79%) BWX(47%) |
Factors Impacting GDX price | GDX will decline at least -1.325% in a week (0% probabilities). UUP(-35%) VIXM(-20%) TBT(-11%) VXX(-10%) EDOC(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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.6% |
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