| GDX latest price $27.5400 (2.42%) ($27.2600 - $27.6000) on Mon. Oct. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 33 |
Latest Price | $27.5400(2.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1.2% a day on average for past five trading days. |
Weekly Trend | GDX declines -4.3% 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(96%) SLV(80%) GLD(76%) XME(64%) |
Factors Impacting GDX price | GDX will decline at least -0.875% in a week (0% probabilities). EDOC(-49%) UUP(-31%) TBT(-29%) VIXM(-2%) VXX(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
| |
|
|