| GDX latest price $31.0550 (-2.37%) ($30.7420 - $31.3000) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 85 |
Latest Price | $31.0550(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.8% a day on average for past five trading days. |
Weekly Trend | GDX advances 5.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(98%) SLV(90%) GLD(79%) ICLN(72%) |
Factors Impacting GDX price | GDX will decline at least -0.92% in a week (0% probabilities). UUP(-27%) TBT(-21%) VIXM(-16%) VXX(-13%) URA(-5%) |
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 | -0.92% (StdDev 1.84%) |
Hourly BBV | -1 () |
Intraday Trend | -0.2% |
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