| GDX latest price $41.9600 (3.2%) ($41.2500 - $42.2270) on Fri. Aug. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 49 |
Latest Price | $41.9600(3.2%) |
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 0.8% 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(78%) BWX(48%) |
Factors Impacting GDX price | GDX will decline at least -1.345% in a week (0% probabilities). UUP(-33%) VIXM(-19%) TBT(-11%) VXX(-10%) EDOC(0%) |
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 | -1.345% (StdDev 2.69%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.7% |
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