Trading Signals: GDX Stock Price Prediction and Forecast

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

Thu. Feb. 25, 2021

Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Thu. Feb. 25, 2021)

(VanEck Vectors Gold Miners ETF)
GDX latest price $32.3450 (-4.02%) ($32.2000 - $33.6300) on Thu. Feb. 25, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Growing Downtrend
Average Daily Price Swing   $0.9 (2.63% one month average)
Average Daily Percentage Swing   2.23% (three month average)
Weekly Trend Force   -0.7% (StdDev 2.23%)
Daily Moving Force   -0.6%
Rebound Strength   None(0%)
Trend   -0.4%
Trend Strength   -1.7%
RSI   43
Momentum   1.2
Latest Price   $32.3450(-4.02%)
Forecasted Low Price   32.04(-0.95%)
Forecasted High Price   32.77(1.3%)
Direction of Next Movement   Range(0.7%)
% Change Needed to Confirm Rebound   5.9% ((34.24))
% Change Needed for Trend Reversal   4.9%
Hourly Trend -1.1% [$33.03(-0.35), $33.32(-0.02)]
Stocks Behave Similarly   Similar Stock List
Complacency   3
Intraday Reversal Probability   There's a high probability the price will reverse sharply to upside intraday or next day..
Daily Trend   GDX declines -0.3% a day on average for past five trading days.
Weekly Trend   GDX declines -2.3% 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 (91% probability)
GDXJ(97%)    SIL(87%)    GLD(85%)    SILJ(84%)    SLV(78%)
Factors Impacting GDX price   GDX will advance at least 0% in a week (32% probabilities).
UUP(-46%)    VXX(-32%)    VIXM(-19%)    XRT(-15%)    TBT(-6%)
Trading Plan   Not Available

Valuation to SPY -1.5

Relative Volatility -0.1 (options are faily valued)

Market Trend Strength   -0.7% (StdDev 2.23%)
Hourly BBV -2.7 ()
Intraday Trend -2%

Next Day Open Price   $32.36(0.06%)
Inflection Point   Yes
Resistance Level   $34.17
5 Day Moving Average   $33.29(-2.84%)
10 Day Moving Average   $33.58(-3.68%)
20 Day Moving Average   $34.17(-5.34%)
To recent high   -16%
To recent low   0%
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 2.63% (three month std-dev: 2.23% 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	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Feb_25_2021	34.17 (-0.2%)	33.58 (-0.4%)	33.29 (-0.3%)	33.32	33.03(0%)	32.35(-4.02%)	32.2-33.63	-1.3(-2)	-2.7	-0.6%	-0.7%	0%	-0.4%	-1.7%	43	1.2	Growing Downtrend	Range(0.7%)	3	-1.5	0.5	Growing Downtrend	32.23(-0.37%)	32.05-32.65	36.41	-16%-0%
2	Feb_24_2021	34.26 (-0.4%)	33.87 (-0.4%)	33.38 (0.3%)	33.34	33.38(0%)	33.7(0.78%)	32.65-33.91	-1.2(-0.7)	2.1	-0.2%	-0.3%	0%	-0.36%	-1.1%	44	1.1	Growing Downtrend Downtrend Pop	Range(-0.5%)	4	-1.1	1.1	After Bottom	33.7(0.01%)	33.35-34	18.75	-12.5%-2.9%
3	Feb_23_2021	34.33 (-0.4%)	34.01 (-0.4%)	33.28 (-0.4%)	33.27	33.6(0%)	33.44(-2.25%)	32.81-33.87	-1.5(-1.1)	-0.8	0.4%	-0.4%	0%	-0.38%	-0.9%	43	1.1	Rebound Downtrend Pop	Range(1.1%)	4	-1	1.5	Downtrend	33.29(-0.45%)	33.16-33.58	25.65	-13.2%-2.1%
4	Feb_22_2021	34.41 (-0.2%)	34.18 (-0.4%)	33.41 (-0.3%)	33.23	33.31(0%)	34.21(4.49%)	33.07-34.35	-1.6(-0.2)	1	0.4%	-0.1%	0%	-0.36%	-0.7%	39	1	Rebound	Range(0.3%)	4	-0.4	1.7	Downtrend	34.05(-0.47%)	33.97-34.23	27.93	-11.2%-4.5%
5	Feb_19_2021	34.46 (-0.2%)	34.22 (-0.4%)	33.52 (-1.2%)	33.38	32.94(0%)	32.74(-0.15%)	32.57-33.21	-1.8(-2.1)	-3	-1%	-0.4%	0%	-0.34%	-0.7%	40	1.1	Growing Downtrend	Lower(-1.3%)	3	-2.1	1.9	Growing Downtrend	32.64(-0.32%)	32.47-33.03	17.75	-15%-0%

6	Feb_18_2021	34.61 (-0.2%)	34.35 (-0.2%)	33.94 (-1.5%)	33.81	33.15(0%)	32.79(-1.29%)	32.54-33.44	-1.5(-2.4)	-1.7	-1.8%	-0.5%	0%	-0.26%	-0.8%	40	1	Breakdown	Lower(-1.7%)	3	-2.4	1.9	Growing Downtrend	32.72(-0.21%)	32.58-33.09	20.75	-14.9%-0%
7	Feb_17_2021	34.78 (-0.2%)	34.55 (-0%)	34.44 (-1.1%)	34.34	33.81(0%)	33.22(-2.55%)	32.95-33.59	-0.9(-2.3)	-2.2	-1.6%	-0.4%	0%	-0.08%	-0.7%	50	0.9	Breakdown	Range(-0.7%)	3	-2.5	2.1	Growing Downtrend	33.21(-0.02%)	33.12-33.48	27.63	-13.7%-0%
8	Feb_16_2021	34.87 (-0%)	34.71 (0%)	34.83 (-0.6%)	34.85	34.47(0%)	34.09(-1.98%)	34.08-34.82	-0.3(-1.3)	-2.5	-0.9%	-0.3%	0%	-0%	-0.5%	45	0.8	N/A	Range(-0.2%)	4	-2	2	Growing Downtrend	34.1(0.02%)	34.06-34.22	22.43	-11.5%-2%
9	Feb_12_2021	34.9 (-0.2%)	34.86 (0.2%)	35.05 (0.1%)	35.09	34.87(0%)	34.78(-0.09%)	34.18-35.12	0.1(-0.2)	0.1	-0.6%	0%	0%	0.06%	-0.1%	48	0.7	Downtrend Reversal	Range(-0.6%)	5	-1.5	2.1	Uptrend Reversal	34.96(0.51%)	34.81-35.06	15.83	-9.7%-4.1%
10	Feb_11_2021	34.94 (-0.2%)	34.84 (0%)	35.02 (0.6%)	35.23	35.22(0%)	34.81(-1.33%)	34.66-35.62	0.1(-0.2)	1	0.2%	0%	0%	0%	-0.3%	47	0.8	N/A Downtrend Pop	Range(0.9%)	6	-1.4	2.2	Uptrend Reversal	34.99(0.53%)	34.84-35.1	19.88	-9.6%-4.2%

11	Feb_10_2021	34.98 (-0.2%)	34.82 (-0%)	34.83 (0.4%)	35.04	35.3(0%)	35.28(0.28%)	35-35.6	-0.1(0.5)	2.3	0.5%	0.3%	0%	-0.12%	-0.4%	46	0.8	Uptrend Reversal	Range(0.8%)	6	-0.8	2.2	Rebound	35.18(-0.29%)	35.22-35.16	11.68	-8.4%-5.6%
12	Feb_9_2021	35.01 (-0.4%)	34.67 (-0.2%)	34.69 (0.3%)	34.62	35.24(0%)	35.18(-0.11%)	34.94-35.48	-0.4(0.3)	0.9	0.9%	0%	0%	-0.24%	-1%	44	0.8	Uptrend Reversal	Range(1%)	5	-1	2	Downtrend	35.08(-0.28%)	35.05-35.15	18.51	-9.5%-5.3%
13	Feb_8_2021	35.03 (-0.4%)	34.65 (-0.2%)	34.58 (-0.3%)	34.47	34.77(0%)	35.22(1.76%)	34.9-35.49	-0.6(0.3)	0.5	1.2%	-0%	0%	-0.3%	-1.1%	52	0.8	Uptrend Reversal	Higher(1.2%)	4	-1	1.8	Downtrend Pop	35.12(-0.28%)	35.12-35.12	18.73	-9.4%-5.4%
14	Feb_5_2021	35.09 (-0.4%)	34.64 (-0.2%)	34.67 (0.1%)	34.35	34(0%)	34.61(2.28%)	33.9-34.69	-0.8(-0.7)	0.8	-0.6%	-0.3%	0%	-0.24%	-1.3%	52	0.9	Downtrend Pop	Range(-0.9%)	3	-1.1	1.7	After Bottom	34.61(-0.01%)	34.34-34.83	20.31	-16.4%-3.6%
15	Feb_4_2021	35.26 (-0.4%)	34.7 (-0.2%)	34.65 (-0.4%)	34.71	34.18(0%)	33.84(-2.22%)	33.23-33.97	-0.8(-1.4)	-1.4	-1.1%	-0.6%	0%	-0.26%	-1.6%	41	1.1	Growing Downtrend	Range(-0.6%)	4	-1.5	1.5	Downtrend	33.74(-0.31%)	33.6-34.06	25.77	-18.3%-1.3%

16	Feb_3_2021	35.49 (-0.4%)	34.88 (-0.2%)	34.8 (0.5%)	35.05	34.7(0%)	34.61(-0.03%)	34.44-34.95	-0.7(-0.8)	0.5	-0.7%	-0.4%	0%	-0.2%	-1.7%	44	1.3	Growing Downtrend	Range(-1.1%)	5	-0.9	1.7	The Bottom	34.73(0.34%)	34.36-35.03	16.85	-16.4%-3.6%
17	Feb_2_2021	35.67 (-0.2%)	35.02 (-0.2%)	34.63 (-0.3%)	35.04	35.25(0%)	34.62(-2.97%)	34.45-34.98	-0.8(-0.8)	0.3	-0.1%	-0.2%	0%	-0.22%	-1.8%	42	1.5	Growing Downtrend Downtrend Pop	Range(1.2%)	6	-0.9	1.4	Downtrend	34.49(-0.38%)	34.37-34.78	22.42	-16.4%-3.6%
18	Feb_1_2021	35.86 (-0.2%)	35.05 (-0.2%)	34.72 (0.3%)	34.9	35.39(0%)	35.68(3.39%)	35.08-36.28	-0.9(-0.1)	2.2	0.9%	0.2%	0%	-0.22%	-2.2%	49	1.6	Uptrend Reversal	Range(1.1%)	5	-0.1	1.1	Downtrend	35.56(-0.35%)	35.47-35.75	31.35	-13.9%-6.8%
19	Jan_29_2021	35.87 (-0.2%)	34.93 (-0.4%)	34.63 (-0.4%)	34.76	34.84(0%)	34.51(-0.2%)	34.38-35.68	-1.1(-0.9)	0.2	0.5%	-0.3%	0%	-0.32%	-2.6%	36	1.6	Rebound	Range(0.3%)	4	-0.5	0.2	The Bottom	34.68(0.49%)	33.99-35.24	21.74	-16.7%-3.3%
20	Jan_28_2021	35.98 (-0.2%)	35.04 (-0.4%)	34.77 (-0.7%)	34.83	34.42(0%)	34.58(2.44%)	34.09-35.39	-1.1(-1)	0	-0.6%	-0.3%	0%	-0.38%	-2.6%	29	1.6	Downtrend Pop	Range(-0.9%)	3	-0.9	0.6	After Bottom	34.7(0.34%)	33.97-35.29	35.08	-16.5%-3.5%

21	Jan_27_2021	36.05 (-0.2%)	35.15 (-0.6%)	35 (-1.3%)	34.92	34.68(0%)	33.76(-3.8%)	33.63-34.67	-1(-1.7)	-2.5	-1.4%	-0.6%	0%	-0.42%	-2.5%	22	1.5	Growing Downtrend	Range(-0.1%)	3	-1.3	0.9	Downtrend	33.56(-0.59%)	33.31-34.14	31.81	-18.5%-1%
22	Jan_26_2021	36.16 (-0%)	35.38 (-0.6%)	35.45 (0.1%)	35.33	35.25(0%)	35.09(-0.28%)	35.01-35.54	-0.7(-0.9)	-2.1	%	-0.2%	0%	-0.4%	-2.2%	25	1.4	Downtrend Consolidation	Range(-0.1%)	3	-1.1	1.5	Downtrend Consolidation	35(-0.26%)	35.45-34.85	13.1	-15.3%-5%
23	Jan_25_2021	36.22 (-0.2%)	35.45 (-0.6%)	35.41 (0.4%)	35.48	35.16(0%)	35.19(-0.11%)	34.81-35.74	-0.7(-0.8)	-1.4	-0.2%	-0.3%	0%	-0.52%	-2.1%	26	1.3	Growing Downtrend	Range(-0.4%)	3	-1.1	2.2	The Bottom	35.2(0.04%)	34.56-35.73	15.9	-15%-5.3%
24	Jan_22_2021	36.26 (-0.2%)	35.58 (-0.8%)	35.27 (-0.2%)	35.39	35.41(0%)	35.23(-1.34%)	34.47-35.54	-0.8(-0.8)	-0.9	-0.6%	-0.6%	0%	-0.54%	-1.9%	48	1.3	Growing Downtrend	Range(-0.5%)	3	-1.2	2.1	Growing Downtrend	34.98(-0.72%)	34.75-35.41	27.73	-14.9%-5.4%
25	Jan_21_2021	36.28 (-0.2%)	35.87 (-0.6%)	35.35 (0.1%)	35.37	35.8(0%)	35.71(-0.92%)	35.41-36.04	-0.8(-0.5)	1.2	0.6%	-0.5%	0%	-0.48%	-1.1%	47	1.3	Confirmed Rebound	Range(0.6%)	2	-1.1	2.4	Growing Downtrend	35.47(-0.67%)	35.29-35.77	18.01	-13.8%-6.9%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low