Trading Signals: GDX Stock Price Prediction and Forecast

^ GDX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Dec. 9, 2022

Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. Apr. 26, 2024)

(VanEck Vectors Gold Miners ETF)
GDX latest price $29.0700 (-1.16%) ($29.0400 - $30.1000) on Fri. Dec. 9, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.06% (three month average)
RSI   62
Latest Price   $29.0700(-1.16%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   GDX declines -0.6% 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(95%)    GLD(80%)    SLV(78%)    EEM(50%)
Factors Impacting GDX price   GDX will decline at least -1.53% in a week (0% probabilities).
VXX(-7%)    ARKK(-5%)    VIXM(-4%)    UNG(-4%)    VCSH(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.53% (StdDev 3.06%)
Hourly BBV -0.9 ()
Intraday Trend -2.1%

5 Day Moving Average   $29.12(-0.17%)
10 Day Moving Average   $29.03(0.14%)
20 Day Moving Average   $28.48(2.07%)
To recent high   -3.2%
To recent low   33%
Market Cap   $N/A

$. GDX price fluctuates within 3.05% (three month std-dev: 3.06%) daily (68% of days).

Sample size 15 Average positive next day return: 1.64%(60%) Average negative next day return: -2.23%(40%) Sample size 15 Average positive next three day return: 2.02%(33%) Average negative next three day return: -1.59%(67%) Sample size 15 Average positive next weekly return: 1.76%(47%) Average negative next weekly return: -2.72%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230109

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_9_2022	25.54	28.48	29.03	29.12	29.36	29.51	29.07(-1.16%)	UD	OpenLong	65	-0.1	8	60	-2	36	24.12	60%	0.16	81.6	3.06%	-0.9	0.7	62	-0.8
2	Dec_8_2022	25.5	28.44	28.97	29.29	29.29	29.43	29.41(0%)	UT	HoldLong	50	0.1	14	30	1	53	18.05	60%	0.16	121.4	3.08%	0.3	1.1	66	-0.1
3	Dec_7_2022	25.46	28.29	28.9	29.41	29.3	29.21	29.41(1.94%)	UT	OpenLong	75	0	18	-30	1	67	38.78	61%	0.12	130.7	3.08%	1.3	1.2	62	-0.5
4	Dec_6_2022	25.43	28.15	28.78	29.34	29.45	29.14	28.85(0.03%)	UT	OpenLong	75	-0.5	17	-60	-0	68	25.62	61%	0.12	137	3.1%	-1.1	0.7	57	-0.2
5	Dec_5_2022	25.4	27.98	28.63	29.2	29.35	29.4	28.84(-3.61%)	UD	OpenLong	75	-0.3	18	30	4	59	42.54	61%	0.16	117.4	3.11%	-1.9	0.8	55	0.5

6	Dec_2_2022	25.36	27.79	28.49	28.89	29.05	29.75	29.92(-0.4%)	UD	OpenLong	75	0.8	26	190	18	49	35.8	64%	0.16	98.5	3.09%	0.8	1.7	59	0.6
7	Dec_1_2022	25.32	27.44	28.21	28.6	28.6	29.31	30.04(3.41%)	UT	OpenLong	75	0.9	27	170	25	34	50.09	63%	0.12	68.3	3.11%	1.3	1.6	61	0.8
8	Nov_30_2022	25.29	27.11	27.94	28.33	28.26	28.35	29.05(3.2%)	UT	OpenLong	75	0.4	16	10	12	27	36.77	62%	0.12	54.4	3.1%	2.2	1.1	68	0.9
9	Nov_29_2022	25.26	26.89	27.81	28.17	28.19	27.9	28.15(3.11%)	UT	OpenLong	75	-0	6	-70	0	24	35.1	60%	0.04	53	3.09%	0.3	0.7	61	1.4
10	Nov_28_2022	25.25	26.7	27.79	27.98	28.15	28.17	27.3(-4.01%)	UD	OpenLong	65	-0.4	6	20	-4	35	33.63	59%	0.04	49.2	3.08%	-2.1	0.3	66	1.4

11	Nov_25_2022	25.24	26.58	27.9	27.99	27.97	28.48	28.44(-0.94%)	UD	OpenLong	75	0.2	28	130	15	66	19.3	59%	-0.04	49.9	3.09%	0	1	75	1.3
12	Nov_23_2022	25.25	26.39	27.86	27.73	27.63	28.13	28.71(1.59%)	UT	HoldLong	65	0.6	39	120	20	96	34.28	59%	0.08	51.9	3.07%	1.5	1.3	84	1.4
13	Nov_22_2022	25.23	26.21	27.62	27.49	27.29	27.45	28.26(3.97%)	UT	HoldLong	65	0.4	31	20	7	104	29.67	59%	0.12	56.3	3.07%	1.6	1.2	77	1.3
14	Nov_21_2022	25.2	26.01	27.46	27.41	27.26	27.14	27.18(-0.69%)	UD	OpenLong	65	-0.1	23	-50	-7	114	20.9	57%	-0.04	58.3	3.03%	0.8	0.7	63	1.6
15	Nov_18_2022	25.21	25.85	27.29	27.6	27.51	27.13	27.37(0.92%)	UD	OpenLong	65	-0.1	25	-110	-11	131	28.32	57%	0	63.7	3.05%	0.1	0.9	66	2.1

16	Nov_17_2022	25.21	25.7	27.07	27.78	27.74	27.38	27.12(-1.49%)	UD	OpenLong	65	-0.4	24	-100	-16	145	24.61	55%	-0.04	70.9	3.04%	-1.3	0.8	62	2.4
17	Nov_16_2022	25.22	25.51	26.66	28	28.01	27.88	27.53(-1.15%)	UD	OpenLong	75	-0.3	39	-30	2	150	15.67	55%	-0.04	71.8	3.07%	-1.5	1.1	63	2.5
18	Nov_15_2022	25.23	25.27	26.26	27.74	28.07	28.1	27.85(-0.96%)	UD	OpenLong	75	0.1	40	40	9	132	29.88	55%	-0.08	66.7	3.07%	-0.8	1.5	62	1.8
19	Nov_14_2022	25.25	25.06	25.94	27.51	27.67	28.14	28.12(-0.64%)	UD	OpenLong	75	0.4	49	140	21	132	19.82	55%	-0.08	65.8	3.08%	1.5	1.8	66	2.3
20	Nov_11_2022	25.27	24.81	25.53	26.91	27.13	28.03	28.3(0.32%)	UT	OpenLong	75	0.9	58	260	38	117	22.91	55%	0	57.9	3.09%	0.9	2.2	69	2.6

21	Nov_10_2022	25.27	24.52	25.14	26.24	26.35	27.2	28.21(7.51%)	UT	OpenLong	75	1.5	63	240	52	97	46.82	55%	-0.08	47.3	3.1%	1.6	2.8	66	0.9
22	Nov_9_2022	25.29	24.28	24.77	25.14	25.46	26.23	26.24(-1.58%)	UD	OpenLong	75	1.1	43	250	38	57	31.36	52%	-0.16	22.2	2.96%	0.4	1.9	65	-0.8
23	Nov_8_2022	25.33	24.16	24.63	24.54	24.55	25.49	26.66(6%)	UT	OpenLong	75	2.3	33	270	29	43	50.45	53%	0.04	0.3	2.95%	1.5	2.7	68	-1.2
24	Nov_7_2022	25.32	24	24.39	24.15	24.08	24.7	25.15(0.8%)	UT	OpenLong	75	1.3	27	170	26	31	28.83	50%	-0.2	-25.6	2.87%	1	1.5	59	-0.2
25	Nov_4_2022	25.37	23.94	24.26	23.95	24.02	23.6	24.95(10.01%)	UT	OpenLong	75	1.4	7	-110	4	17	46.66	52%		-41.4	2.87%	1.3	1.4	59	-0.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.