Trading Signals: GDX Stock Price Prediction and Forecast

^ GDX: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Sep. 18, 2020

Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. Sep. 18, 2020)

(VanEck Vectors Gold Miners ETF)

GDX latest price $41.7700 (-0.78%) ($41.6250 - $42.5400) on Fri. Sep. 18, 2020.

Trend and Trading Plan

Trend Narrative   Uptrend
Intraday Reversal Probability   N/A.
Daily Trend   GDX advances 0.3% a day on average for past five trading days.
Weekly Trend   GDX advances 0.9% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support GDX advance at 0.5% a week (93% probability)
GDXJ(98%)    SILJ(94%)    SIL(93%)    GLD(79%)    SLV(72%)
Factors Impacting GDX price   GDX will decline at least -0.3% in a week (38% probabilities).
UUP(-46%)    VIXM(-43%)    VXX(-40%)    BJK(-15%)    JETS(-12%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 1.3

Relative Volatility -1.3 (options are cheap)

Hourly Trend -1.29% [$41.97(-0.53), $42.52(-0.07)]
Last Hour Trend -0.43% [$41.88, $42.06]

GDX Next 1 - 5 Day Price Forecast

Bullish Probability   50%
Bullish Price Move   2.5%
Bearish Probability   50%
Bearish Price Move   -2.5%
Recommended Position Size   0%
Latest Price   $41.7700
Next Day Open Price   $41.41(-0.86%)
1 - 3 Day Target Price   $41.84(0.17%)
1 - 5 Day Price Range   $41.75 - $41.88
5 Day Moving Average   $42.46(-1.63%)
10 Day Moving Average   $41.91(-0.33%)
20 Day Moving Average   $41.64(0.31%)
To recent high   -6.2%
To recent low   28.8%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. GDX price fluctuates within 1.78% (three month std-dev: 2.53% one year average std_dev: 0%) daily (68% of days).
$. GDX price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	To High-Low	ema20 Trend	ema10 Trend	ema5 Trend	Hourly Trend	Last Hour	EMA Ratio	BBV	RV	RVT(RV,IV)	VIXCD	Volume millions	Close	ActualPriceRange	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	RSI
1	Sep_18_2020	-6.2%-28.8%	0.5%,0.3(-0)	0.9%,0.5(0)	0.3%,0.2	-2.1	-0.43%	0.6%	0.2	1.3	-1.3(1.78%,NAN%)	2.1	13.14	41.77(-0.78%)	41.63-42.54	Uptrend	41.84(0.17%)	41.75-41.88	49
2	Sep_17_2020	-5.5%-29.8%	0.6%,0.3(-0.1)	0.9%,0.5(0.1)	0.3%,0.1	-0.3	-0.02%	0.6%	0.6	1	-1.4(1.8%,2.13%)	2.1	21.11	42.1(-1.75%)	41.37-42.32	Uptrend	42.15(0.12%)	42.01-42.21	60
3	Sep_16_2020	-3.8%-32.1%	0.7%,0.4(-0.2)	0.8%,0.5(-0.1)	0.2%,0.1	2.1	-0.09%	0.6%	1.7	1.4	-1.5(1.8%,1.99%)	1.4	21.59	42.85(0.14%)	42.6-43.48	Uptrend	42.85(0%)	42.58-42.97	56
4	Sep_15_2020	-3.9%-31.9%	1%,0.6(0.1)	0.9%,0.5(0.1)	1.1%,0.6	1.8	-0.19%	0.3%	1.7	1.3	-1.7(1.76%,2.02%)	0.8	21.33	42.79(0%)	42.52-43.6	Growing Uptrend	42.86(0.17%)	42.55-42.94	61
5	Sep_14_2020	-3.9%-31.9%	0.8%,0.4(0.3)	0.7%,0.4(0.2)	0.9%,0.5	0	0.3%	0.2%	1.6	1.7	-1.8(1.8%,1.96%)	0.8	24.07	42.79(3.96%)	41.78-42.84	Growing Uptrend	42.84(0.11%)	42.56-42.91	61

6	Sep_11_2020	-7.6%-26.9%	0.3%,0.2(0.2)	0.4%,0.2(0.1)	-0.1%,-0	1.8	0.02%	0.2%	-0.4	0.9	-2.1(1.79%,2.23%)	0.1	19.35	41.16(-1.01%)	40.91-42.33	Growing Uptrend	41.2(0.1%)	41.22-41.2	53
7	Sep_10_2020	-6.6%-28.2%	-0.1%,-0.1(0.3)	0.2%,0.1(-0.1)	-0.1%,-0.1	3	-0.6%	0.2%	0.2	1.2	-2.2(1.83%,2.3%)	-0.7	24.67	41.58(-1.79%)	41.44-42.89	Range Bound	41.55(-0.08%)	41.5-41.58	48
8	Sep_9_2020	-4.9%-30.6%	-0.7%,-0.3(0.3)	0.4%,0.2(0.3)	0.3%,0.2	0	0.26%	0.5%	1.2	1.3	-2.1(2.15%,2.09%)	-0.7	30.08	42.34(4.34%)	40.98-42.45	Rebound	41.76(-1.36%)	42.34-41.52	57
9	Sep_8_2020	-8.9%-25.1%	-1.3%,-0.6(-0.1)	-0.3%,-0.1(0)	-0.8%,-0.3	-1.2	-0.32%	0.4%	-0.6	0.4	-2.1(2.38%,2.64%)	-1.2	23.87	40.58(-0.69%)	39.29-41.37	Downtrend	40.51(-0.18%)	40.44-40.68	40
10	Sep_4_2020	-8.2%-26%	-1.1%,-0.4(-0)	-0.3%,-0.1(-0.2)	-0.5%,-0.2	-1.2	0.71%	0.2%	-0.4	-0.6	-2(2.52%,2.26%)	-1.1	31.76	40.86(-1.04%)	39.47-41.14	Downtrend	40.81(-0.12%)	40.76-40.94	39

11	Sep_3_2020	-7.3%-27.3%	-1%,-0.3(-0.1)	0.1%,0(-0)	0.3%,0.1	-1.2	0.51%	0.1%	-0	-0.6	-1.7(2.93%,2.15%)	-2.4	23.49	41.29(-1.13%)	40.23-41.76	N/A	41.25(-0.1%)	41.2-41.29	56
12	Sep_2_2020	-6.2%-28.8%	-0.8%,-0.3(-0)	0.2%,0.1(-0.1)	0.1%,0	-0.3	0.31%	-0.1%	0.2	-1.1	-1.3(3.3%,1.94%)	0.2	21.57	41.76(0.22%)	40.41-41.8	Growing Downtrend	41.75(-0.03%)	41.76-41.69	56
13	Sep_1_2020	-6.4%-28.5%	-0.7%,-0.2(0)	0.6%,0.2(-0.1)	0.5%,0.1	0.6	-0.29%	-0.6%	0.1	-0.9	-1(3.61%,2.24%)	0	24.21	41.67(-1.42%)	41.17-43.13	Range Bound	41.68(0.02%)	41.59-41.75	61
14	Aug_31_2020	-5.1%-30.3%	-0.8%,-0.2(0.1)	1.1%,0.3(0.1)	0.8%,0.2	0.9	-0.24%	-0.7%	0.4	-0.5	-1(3.62%,2.07%)	0.1	20.68	42.27(0.74%)	41.92-42.81	N/A	42.24(-0.07%)	41.93-42.5	65
15	Aug_28_2020	-5.8%-29.4%	-1.1%,-0.3(0)	0.8%,0.2(0.2)	0.5%,0.1	0.9	-0.02%	-0.6%	0.2	-0.8	-1.1(3.67%,2.39%)	0.8	27.11	41.96(3.2%)	41.25-42.23	Uptrend Reversal	42.45(1.17%)	42.04-42.73	49

16	Aug_27_2020	-8.7%-25.4%	-1.2%,-0.3(-0.1)	0%,0(0.1)	-0.6%,-0.2	0.3	0.24%	-1.1%	-0.7	-1.4	-1.2(3.66%,2.48%)	0.7	31.56	40.66(-2.26%)	40.04-42.34	Rebound	41.14(1.17%)	40.51-41.41	44
17	Aug_26_2020	-6.6%-28.3%	-0.9%,-0.3(-0)	-0.4%,-0.1(0.4)	0.3%,0.1	-0.3	-0.02%	-1.2%	-0.1	-1	-1.3(3.66%,2.55%)	1.3	27.24	41.6(2.51%)	40.07-41.63	Rebound	41.66(0.15%)	41.45-41.75	41
18	Aug_25_2020	-8.9%-25.1%	-0.9%,-0.2(-0.1)	-1.7%,-0.5(0.2)	-1%,-0.3	-0.6	0.47%	-1.9%	-0.8	-1.3	-1.3(3.75%,2.4%)	1.6	20.08	40.58(-0.17%)	39.59-40.61	Downtrend Consolidation	40.5(-0.19%)	41.04-40.33	37
19	Aug_24_2020	-8.7%-25.3%	-0.3%,-0.1(-0.2)	-2.4%,-0.6(-0.1)	-1.1%,-0.3	-0.6	-0.1%	-2.5%	-0.9	-1.4	-1.3(3.76%,2.51%)	1.7	17.69	40.65(-0.59%)	40.59-41.61	Downtrend	40.41(-0.59%)	40.19-40.92	37
20	Aug_21_2020	-8.2%-26.1%	0.3%,0.1(-0.1)	-1.9%,-0.5(0.1)	0.3%,0.1	-1.2	0.05%	-2.5%	-0.8	-1.2	-1.6(3.67%,2.23%)	1.7	23.96	40.89(-2.57%)	40.44-41.3	Downtrend	40.8(-0.22%)	40.66-41.12	46

21	Aug_20_2020	-5.7%-29.4%	0.6%,0.2(-0)	-2.1%,-0.6(-0)	0.7%,0.2	-1.2	0.36%	-2.2%	-0.2	-0.6	-1.7(3.65%,2.26%)	1.5	29.49	41.97(2.34%)	40.79-42.1	Correction	40.95(-2.44%)	40.75-41.74	48
22	Aug_19_2020	-7.9%-26.5%	0.7%,0.2(-0)	-1.9%,-0.5(0.1)	0.9%,0.2	0.9	-0.49%	-1.7%	-0.8	-1.1	-1.8(3.67%,2.53%)	1.6	36.73	41.01(-3.87%)	40.77-42.61	Downtrend	40.99(-0.06%)	40.86-41.27	50
23	Aug_18_2020	-4.2%-31.5%	0.8%,0.2(0.1)	-2.1%,-0.6(0.2)	1.8%,0.5	2.4	-0.07%	-1%	0.3	-0.3	-2(3.67%,2.56%)	1.6	27.74	42.66(-0.7%)	42.01-44.09	Downtrend	42.53(-0.31%)	42.5-42.58	49
24	Aug_17_2020	-3.5%-32.5%	0.6%,0.1(-0.1)	-2.9%,-0.8(0.1)	0.3%,0.1	1.2	0.07%	-0.4%	0.5	-0.1	-1.9(3.77%,2.41%)	1.8	35.28	42.96(6.47%)	41.85-43	Downtrend	42.63(-0.77%)	42.55-42.8	48
25	Aug_14_2020	-9.4%-24.4%	0.9%,0.2(-0.1)	-3.4%,-0.8(-0.2)	-1.2%,-0.3	0.6	0.17%	-0.3%	-1	-1.2	-1.6(4.02%,2.13%)	1.8	20.75	40.35(-0.69%)	39.72-40.72	Correction	38.82(-3.78%)	38.57-39.86	38
i	Date	To High-Low	ema20 Trend	ema10 Trend	ema5 Trend	Hourly Trend	Last Hour	EMA Ratio	BBV	RV	RVT	VIXCD	Volume millions	Close	5 Day Target	Trend Narrative	5 Day Price Change	SRI	RSI