| GDX latest price $29.7200 (2.1%) ($29.4000 - $29.8850) on Fri. Sep. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 66 |
Latest Price | $29.7200(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.9% a day on average for past five trading days. |
Weekly Trend | GDX declines -0.1% 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%) SLV(77%) GLD(76%) XME(60%) |
Factors Impacting GDX price | GDX will decline at least -0.875% in a week (0% probabilities). UUP(-32%) TBT(-32%) VIXM(-7%) VXX(-4%) 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 | 1.2 () |
Intraday Trend | 1% |
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