| GDX latest price $38.4700 (-2.29%) ($38.4000 - $39.5300) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 41 |
Latest Price | $38.4700(-2.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1% a day on average for past five trading days. |
Weekly Trend | GDX declines -1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) GDXJ(97%) SIL(93%) GLD(80%) SLV(79%) BWX(48%) |
Factors Impacting GDX price | GDX will decline at least -1.26% in a week (0% probabilities). UUP(-33%) VIXM(-18%) TBT(-11%) VXX(-10%) EDOC(-2%) |
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 | -1.26% (StdDev 2.52%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.4% |
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