| GDX latest price $28.7400 (2.83%) ($28.2000 - $28.9510) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 43 |
Latest Price | $28.7400(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.7% a day on average for past five trading days. |
Weekly Trend | GDX declines -2.4% 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(95%) GLD(76%) SLV(75%) BWX(58%) |
Factors Impacting GDX price | GDX will decline at least -0.925% in a week (0% probabilities). TBT(-35%) UUP(-33%) EDOC(-12%) VIXM(-8%) VXX(-7%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.7% |
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