| GDX latest price $40.9600 (1.76%) ($40.5200 - $41.3400) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 63 |
Latest Price | $40.9600(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1.3% a day on average for past five trading days. |
Weekly Trend | GDX advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(79%) BWX(48%) |
Factors Impacting GDX price | GDX will decline at least -1.3% in a week (0% probabilities). UUP(-32%) VIXM(-19%) TBT(-11%) VXX(-10%) IGOV(-3%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.5% |
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