| GDX latest price $27.9400 (-0.75%) ($27.8700 - $28.7700) on Wed. Jan. 31, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 40 |
Latest Price | $27.9400(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.1% a day on average for past five trading days. |
Weekly Trend | GDX declines -0.9% 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%) GLD(76%) IVE(49%) TAN(46%) IWN(44%) |
Factors Impacting GDX price | GDX will decline at least -1.01% in a week (0% probabilities). UUP(-51%) VXX(-6%) VIXM(-6%) SMH(5%) IVW(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.01% (StdDev 2.02%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.3% |
| |
|
|