| GDX latest price $29.0900 (-0.58%) ($29.0600 - $29.8500) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 50 |
Latest Price | $29.0900(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.5% a day on average for past five trading days. |
Weekly Trend | GDX advances 2.4% a week on average for past two weeks. |
Market Behavior | Value stock 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(79%) SLV(77%) BWX(59%) |
Factors Impacting GDX price | GDX will decline at least -0.875% in a week (0% probabilities). UUP(-35%) TBT(-35%) VXX(-8%) VIXM(-8%) UNG(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 | -0.875% (StdDev 1.75%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.1% |
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