| GDX latest price $39.1600 (-0.53%) ($38.5600 - $39.5200) on Wed. Sep. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 39 |
Latest Price | $39.1600(-0.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.8% a day on average for past five trading days. |
Weekly Trend | GDX declines -4% a week on average for past two weeks. |
Market Behavior | Broad based 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(79%) BWX(48%) |
Factors Impacting GDX price | GDX will decline at least -1.31% in a week (0% probabilities). UUP(-33%) VIXM(-19%) TBT(-11%) VXX(-10%) IGOV(-2%) |
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 | 0.2 () |
Intraday Trend | 0.2% |
| |
|
|