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| ^ GDX: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice |
| Wed. Nov. 25, 2020 |
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Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Wed. Nov. 25, 2020)(VanEck Vectors Gold Miners ETF)
GDX latest price $34.1150 (2.08%) ($33.6670 - $34.2150) on Wed. Nov. 25, 2020. Trend and Trading Plan | Trend Narrative | Relative Oversold | | Intraday Reversal Probability | N/A. | | Daily Trend | GDX declines -1% a day on average for past five trading days. | | Weekly Trend | GDX declines -6% a week on average for past two weeks. | | Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. | | Correlated ETFs | Broad market will support GDX decline at-2.6% a week (95% probability)
GDXJ(98%) SIL(96%) SILJ(96%) GLD(83%) SLV(81%) | | Factors Impacting GDX price | GDX will advance at least 0.6% in a week (42% probabilities).
UUP(-62%) VXX(-33%) VIXM(-29%) UNG(-14%) XLE(-7%) | | Explanation | The decline is not sustainable and not supported by the broad market. | | Trading Plan | There're alternative trades for faster decline | | | | | Valuation to SPY | -1.7 | | | | | Relative Volatility | 2.5 (options are extremely expensive) | | | | | Hourly BBV | -1.1 | | Hourly Trend | -2.52% [$33.71(-0.5), $34.58(-0.39)] | | Last Hour Trend | 0.59% [$33.88, $33.68] |
GDX Next 1 - 5 Day Price Forecast
| Bullish Probability | 70% | | Bullish Price Move | 2.5% | | Bearish Probability | 30% | | Bearish Price Move | -2.5% | | Recommended Position Size | 16% | | Latest Price | $34.1150 | | Next Hour Price | $34.52(1.18%) | | 1 - 3 Day Target Price | $34.03(-0.24%) | | 1 - 5 Day Possible Target | $31.38(-8.02%) | | 1 - 5 Day Price Range | $31.9 - $35.77 | | Resistance Level | $37.23 | | 5 Day Moving Average | $34.66(-1.57%) | | 10 Day Moving Average | $35.84(-4.81%) | | 20 Day Moving Average | $37.23(-8.37%) | | To recent high | -20.4% | | To recent low | 2.1% | | Market Cap | $N/A | | | | Option Sentiment | | | | | | | |
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$. 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 5.4% (three month std-dev: 2.49% 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 | Hourly
BBV | RV | VS | IV | VIXCD | Volume
millions | Close | ActualPriceRange | Trend-Narrative | NextDay
PriceTarget | NextDayPriceRange | RSI |
|---|
| 1 | Nov_25_2020 | -20.4%-2.1% | -2.6%,-0.5(0) | -6%,-1.1(-0) | -1%,-0.2 | -1.2 | 0.59% | -3.7% | -1.5 | -1.1 | -1.7 | 2.2 | NAN% | 1.3 | 8.59 | 34.12(2.08%) | 33.67-34.22 | Relative Oversold | 34.04(-0.24%) | 31.91-35.78 | 19 | | 2 | Nov_24_2020 | -22%-0% | -2.7%,-0.5(-0.1) | -5.9%,-1.2(-0.1) | -2%,-0.4 | -1.2 | -0.06% | -3.2% | -2.1 | -2.1 | -2.2 | 2.1 | NAN% | 1.5 | 40.96 | 33.42(-2.74%) | 33.25-33.9 | Downtrend | 32.61(-2.43%) | 31.97-34.1 | 34 | | 3 | Nov_23_2020 | -19.8%-0% | -2.3%,-0.5(-0.1) | -5.4%,-1.2(-0.2) | -1.9%,-0.4 | -0.3 | -0.12% | -2.8% | -2 | -2.1 | -2 | 1.8 | 1.78% | 1.3 | 33.2 | 34.36(-4.29%) | 34.34-35.57 | Growing Downtrend | 33.79(-1.67%) | 33.21-34.93 | 33 | | 4 | Nov_20_2020 | -16.2%-1.1% | -2%,-0.5(-0) | -4.5%,-1.1(-0.4) | -1.1%,-0.3 | -1.2 | -0.06% | -2.2% | -1.3 | -0.9 | -1.6 | 1.6 | 1.74% | 1.4 | 25.59 | 35.9(1.07%) | 35.66-36.36 | Relative Oversold | 35.86(-0.1%) | 34.5-36.97 | 41 | | 5 | Nov_19_2020 | -17.1%-0% | -1.8%,-0.5(-0) | -3%,-0.8(-0.4) | -1.1%,-0.3 | -1.5 | -0.06% | -1.2% | -1.7 | -1.3 | -2 | 1.6 | 1.77% | 1.7 | 25.85 | 35.52(-0.84%) | 35.2-35.83 | Growing Downtrend | 35.24(-0.79%) | 34.91-35.96 | 46 | | | | |
| 6 | Nov_18_2020 | -16.4%-0% | -1.6%,-0.5(-0) | -1.5%,-0.4(-0.2) | -0.7%,-0.2 | -1.2 | -0.22% | -0.2% | -1.7 | -2.3 | -2.1 | 1.5 | 1.54% | 1.9 | 26.86 | 35.82(-3.03%) | 35.82-36.97 | Growing Downtrend | 35.67(-0.42%) | 35.43-36.24 | 49 | | 7 | Nov_17_2020 | -14%-1.2% | -1.6%,-0.5(0) | -0.7%,-0.2(-0.1) | -0.3%,-0.1 | -0.3 | 0.08% | 0% | -1.1 | -1.5 | -2 | 1.4 | 1.67% | 1.8 | 20.7 | 36.94(-2.17%) | 36.94-37.65 | Downtrend | 36.85(-0.24%) | 36.69-37.22 | 55 | | 8 | Nov_16_2020 | -12.1%-3.4% | -1.6%,-0.5(0) | -0.4%,-0.1(-0.1) | -0.6%,-0.2 | 0.9 | 0% | 0.3% | -0.6 | 0.2 | -1.9 | 1.3 | 1.54% | 1.9 | 17 | 37.76(-0.66%) | 37.45-38.24 | Downtrend | 37.68(-0.22%) | 37.58-37.91 | 48 | | 9 | Nov_13_2020 | -11.5%-4.1% | -1.6%,-0.5(-0.1) | -0%,-0(-0.2) | -1.8%,-0.5 | 0.3 | -0.08% | 0.4% | -0.5 | -0.3 | -1.8 | 1.3 | 1.85% | 1.1 | 19.16 | 38.01(1.39%) | 37.83-38.35 | N/A | 38.04(0.07%) | 37.73-38.29 | 51 | | 10 | Nov_12_2020 | -12.7%-2.7% | -1.3%,-0.4(-0.2) | 0.7%,0.2(-0.2) | -1.9%,-0.6 | -1.5 | -0.13% | 0.1% | -0.9 | -1.2 | -2 | 1.3 | 2.08% | 0.7 | 21.47 | 37.49(0.92%) | 37.39-38.08 | N/A | 37.71(0.6%) | 37.3-38.05 | 47 | | | | |
| 11 | Nov_11_2020 | -13.5%-1.7% | -0.6%,-0.2(-0.1) | 1.3%,0.4(0.1) | -0.7%,-0.2 | -2.7 | -0.03% | -0.3% | -1.3 | -1.4 | -2.8 | 1.3 | 2.32% | 1.3 | 22.29 | 37.15(-1.09%) | 36.73-37.26 | Uptrend Reversal | 37.56(1.1%) | 37.21-37.79 | 44 | | 12 | Nov_10_2020 | -12.6%-2.8% | -0.1%,-0(-0.2) | 0.9%,0.3(-0.1) | -0.9%,-0.3 | -2.7 | -0.4% | -0.8% | -1.1 | -1.2 | -2.9 | 1.2 | 2.34% | 0.7 | 33.27 | 37.56(-3.4%) | 37.52-39.06 | N/A | 38.01(1.21%) | 37.65-38.31 | 43 | | 13 | Nov_9_2020 | -9.5%-6.5% | 0.4%,0.1(-0) | 1.3%,0.4(0.1) | 0.1%,0 | 0.6 | 0.18% | -0.9% | -0.2 | -0.5 | -2.2 | 1.2 | 2.1% | -0.4 | 43.25 | 38.88(-6.13%) | 38.03-39.42 | Uptrend | 39.04(0.4%) | 38.94-39.07 | 49 | | 14 | Nov_6_2020 | -6.4%-13.4% | 0.5%,0.1(0.1) | 1%,0.3(0.4) | 2%,0.6 | 2.1 | 0.19% | -1.2% | 1.6 | 1.1 | 1.7 | 1.3 | 1.92% | 1.9 | 21.82 | 41.42(0.49%) | 40.99-41.81 | Uptrend | 41.49(0.17%) | 41-41.7 | 58 | | 15 | Nov_5_2020 | -7.4%-12.9% | 0.1%,0(0.2) | -0.4%,-0.1(0.5) | 2.3%,0.7 | 1.2 | 0.41% | -1.8% | 1.6 | 1.8 | 1.5 | 1.2 | 2.52% | 0.9 | 51.71 | 41.22(7.15%) | 39.87-41.51 | N/A | 40.75(-1.15%) | 40.05-41.32 | 54 | | | | |
| 16 | Nov_4_2020 | -13.6%-5.3% | -0.6%,-0.2(0.1) | -1.9%,-0.6(0.3) | 1%,0.3 | 1.8 | -0.08% | -2.2% | -0.5 | 0.1 | -1.4 | 1.2 | 2.15% | 0.5 | 24.95 | 38.47(-2.29%) | 38.4-39.53 | Downtrend Consolidation | 38.41(-0.15%) | 38.7-38.32 | 41 | | 17 | Nov_3_2020 | -11.6%-7.8% | -0.9%,-0.3(0.1) | -2.7%,-0.9(0.1) | 0.3%,0.1 | 2.4 | 0.03% | -1.8% | 0.2 | 1.2 | 1.3 | 1.2 | 2.48% | -1.6 | 20.35 | 39.37(1.92%) | 38.84-39.63 | Downtrend Consolidation | 39.18(-0.49%) | 39.31-39.13 | 41 | | 18 | Nov_2_2020 | -13.2%-5.8% | -1.2%,-0.4(-0) | -3.1%,-1(0.2) | 0.2%,0.1 | 1.2 | 0.31% | -1.7% | -0.3 | 1.6 | 1.3 | 1.2 | 2.68% | -2.5 | 27.17 | 38.63(3.04%) | 37.67-38.69 | Downtrend Consolidation | 38.45(-0.46%) | 38.75-38.36 | 42 | | 19 | Oct_30_2020 | -15.8%-2.7% | -1.1%,-0.4(-0.1) | -3.6%,-1.2(-0) | -0.7%,-0.2 | -1.2 | 0.19% | -1.7% | -1.3 | -0.9 | 0 | 1.2 | 2.61% | -2.2 | 27.54 | 37.49(1.46%) | 36.49-37.57 | Downtrend | 37.22(-0.72%) | 36.98-37.77 | 33 | | 20 | Oct_29_2020 | -17%-1.2% | -0.9%,-0.3(-0.1) | -3.5%,-1.2(-0.3) | -1.2%,-0.4 | -2.1 | -0.08% | -1.4% | -2 | -1.2 | -1.5 | 1.1 | 2.42% | -2.4 | 22.3 | 36.95(1.18%) | 36.01-37.29 | Growing Downtrend | 36.75(-0.55%) | 36.47-37.38 | 29 | | | | |
| 21 | Oct_28_2020 | -18%-0% | -0.5%,-0.2(-0.3) | -2.6%,-1(-0.6) | -1.7%,-0.7 | -1.2 | -0.05% | -0.8% | -2.8 | -1.6 | -1.8 | 1 | 2.65% | -2.4 | 38.78 | 36.52(-5.95%) | 36.34-37.88 | Growing Downtrend | 36.43(-0.26%) | 36.19-37.04 | 41 | | 22 | Oct_27_2020 | -12.8%-3.2% | 0.2%,0.1(-0) | -1.1%,-0.6(-0.3) | -0.3%,-0.2 | -0.9 | 0.08% | -0.1% | -0.8 | -0.1 | -0.3 | 0.8 | 2% | -0.6 | 14.6 | 38.83(1.62%) | 38.09-38.86 | Correction | 38.37(-1.18%) | 38.28-38.75 | 55 | | 23 | Oct_26_2020 | -14.2%-1.5% | 0.2%,0.1(-0) | -0.5%,-0.2(-0.3) | -0.5%,-0.2 | -1.5 | -0.16% | 0.2% | -1.6 | -2.2 | -1.5 | 0.8 | 2.51% | -0.2 | 17.82 | 38.21(-1.57%) | 38.17-39.16 | Correction | 37.83(-0.99%) | 37.75-38.17 | 54 | | 24 | Oct_23_2020 | -12.8%-3.2% | 0.2%,0.1(0.1) | 0%,0(-0.4) | -0.5%,-0.3 | -1.2 | 0.08% | 0.7% | -0.9 | -1 | -1.9 | 0.8 | 1.9% | 0.8 | 14.39 | 38.82(-0.94%) | 38.47-39.17 | Range Bound | 38.94(0.31%) | 39.09-38.82 | 47 | | 25 | Oct_22_2020 | -12%-4.1% | 0%,0(0.1) | 0.7%,0.4(-0.1) | -0.6%,-0.3 | 0 | 0.1% | 1.3% | -0.4 | -1.6 | -1.2 | 0.8 | 2.04% | 0.6 | 19.74 | 39.19(-1.83%) | 38.59-39.44 | Uptrend Consolidation | 39.28(0.24%) | 39.31-39.22 | 53 | | i | Date | To High-Low | ema20
Trend | ema10
Trend | ema5
Trend | Hourly
Trend | Last
Hour | EMA
Ratio | BBV | Hourly
BBV | RV | VS | IV | VIXCD | Volume
millions | Close | 5 Day
Target | Trend
Narrative | 5 Day
Price Change | SRI | RSI |
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