Trading Signals: GDX Stock Price Prediction and Forecast

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

Wed. Jul. 8, 2020

Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Wed. Jul. 8, 2020)

(VanEck Vectors Gold Miners ETF)

GDX latest price $38.9600 (3.26%) ($38.1850 - $39.1400) on Wed. Jul. 8, 2020.

Trend and Trading Plan

Trend Narrative Top
Trading Plan Not Available

GDX Next Day Target Price $38.7(-0.67%)

GDX 5 Day Price Forecast

Bullish Probability   90%
Bullish Price Move   2.9%
Bearish Probability   10%
Bearish Price Move   -2.9%
Recommended Position Size   28%
Latest Price   $38.9600
5 Day Target Price   $37.83(-2.9%)
5 Day Price Range   $38.85 - $39.98
Support Level   $35.03
To recent high   0%
To recent low   48.7%

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 2.9% (three month std-dev: 2.9% one year average std_dev: 0%) daily (68% of days).
$. GDX price fluctuates within 0% weekly (one year average std_dev: %).
$. GDX is 43% correlated to SPY, and 46% correlated to QQQ.

Analysis News Options Weekly Chart Daily Chart Hourly Chart 5 Minute Chart

i	Date	Close	Daily Return	Volume millions	To High-Low	Close to ema5	ema5 Trend	ema10 Trend	ema20 Trend	BBV	5 Day Price Change	5 Day Target	SRI	Trend-Narrative	RSI
1	Jul_8_2020	38.96	3.26%	34.26	0%-48.7%	0	0.2	1	0.7	2.2	-2.9%	37.83	1.3,-1.7\|\|84	Top	82
2	Jul_7_2020	37.73	2.42%	30.07	0%-44.6%	0.9	0.3	1.1	0.6	1.9	3.74%	39.14	1.3,-1.5\|\|77	Possible Top	81
3	Jul_6_2020	36.84	1.85%	23.89	-1%-41.2%	0.5	0.2	1.2	0.5	1.6	3.17%	38.01	1.1,-1.2\|\|68	Possible Top	69
4	Jul_2_2020	36.17	-1.07%	28.34	-2.8%-45%	0.1	0.2	1.2	0.4	1.4	-3.21%	35.01	1,-1.1\|\|71	Possible Top	71
5	Jul_1_2020	36.56	-0.33%	30.64	-1.7%-52.1%	0.7	0.3	1.1	0.4	1.8	0%	36.56	1,-1.4\|\|77	Possible Top	72

6	Jun_30_2020	36.68	3.15%	35.77	-1.4%-59.2%	1.2	0.2	0.9	0.3	2.3	-3.01%	35.58	0.7,-1.8\|\|74	Top	58
7	Jun_29_2020	35.56	1.05%	24.22	-4.4%-54.3%	0.4	0.1	0.9	0.3	1.7	1.81%	36.2	0.6,-1.3\|\|85	Uptrend	62
8	Jun_26_2020	35.19	0.66%	28.98	-5.4%-52.7%	0.2	0.3	1	0.2	1.4	1.87%	35.85	0.6,-1.1\|\|83	Uptrend	62
9	Jun_25_2020	34.96	0.63%	17.9	-6%-51.7%	0.2	0.5	0.9	0.1	1.3	1.56%	35.51	0.5,-1\|\|83	N/A	63
10	Jun_24_2020	34.74	-1.78%	37.53	-6.6%-50.8%	0.5	0.4	0.6	-0.2	1.2	-2.84%	33.75	0.3,-0.9\|\|80	N/A	58

11	Jun_23_2020	35.37	1.43%	28.94	-4.9%-61.3%	1.5	0.6	0.6	-0.5	2	0.72%	35.62	0.2,-1.6\|\|83	N/A	62
12	Jun_22_2020	34.87	3.93%	46	-6.3%-59%	1.3	0.3	0.1	-0.8	1.7	-5.14%	33.08	-0.1,-1.3\|\|87	N/A	52
13	Jun_19_2020	33.55	3.45%	37.1	-9.8%-63.3%	0.5	0.2	-0.3	-0.9	0.1	-1.48%	33.05	-0.3,-0.1\|\|83	Downtrend	41
14	Jun_18_2020	32.43	-1.28%	20.1	-12.8%-64.8%	-0.3	-0.1	-0.5	-0.8	-1.1	-1.52%	31.94	-0.4,0.9\|\|38	Downtrend	42
15	Jun_17_2020	32.85	0.64%	23.87	-11.7%-66.9%	-0	-0.3	-0.5	-0.6	-0.8	0%	32.85	-0.4,0.6\|\|60	Downtrend	45

16	Jun_16_2020	32.64	-2.6%	39.55	-12.3%-65.9%	-0.4	-0.1	-0.4	-0.4	-1	-1.52%	32.14	-0.2,0.8\|\|41	Growing Downtrend	46
17	Jun_15_2020	33.51	2.67%	32.18	-9.9%-70.3%	0.1	0.1	-0.3	-0.3	-0.5	2.19%	34.24	-0.2,0.4\|\|71	Downtrend	48
18	Jun_12_2020	32.64	-0.58%	29.76	-12.3%-71.8%	-0.3	0	-0.4	-0.2	-1.1	0%	32.64	-0.2,0.9\|\|23	Downtrend	37
19	Jun_11_2020	32.83	-4.92%	50.14	-11.8%-72.8%	-0.2	-0	-0.5	-0.2	-1.1	-1.2%	32.44	-0.2,0.9\|\|-38	Downtrend	37
20	Jun_10_2020	34.53	4.45%	46.81	-7.2%-81.7%	0.7	0.3	-0.7	-0.2	0	0%	34.53	-0.2,0\|\|70	Downtrend	38

21	Jun_9_2020	33.06	0.85%	21.73	-11.2%-74%	0.1	-0.2	-1.1	-0.3	-1	-0.61%	32.86	-0.4,0.8\|\|-23	Growing Downtrend	27
22	Jun_8_2020	32.78	0.99%	21.13	-11.9%-72.5%	-0.1	-0.4	-1.1	-0.3	-1.3	5.52%	34.59	-0.5,1\|\|9	Growing Downtrend	35
23	Jun_5_2020	32.46	-1.96%	50.88	-12.8%-70.8%	-0.5	-0.3	-1.1	-0.2	-1.7	7.97%	35.05	-0.4,1.3\|\|-83	Rebound	31
24	Jun_4_2020	33.11	0.85%	25.79	-11%-74.3%	-0.4	-0.1	-1	0	-1.4	6.74%	35.34	-0.3,1.1\|\|29	Rebound	43
25	Jun_3_2020	32.83	-3.7%	40.42	-11.8%-72.8%	-0.6	-0.2	-0.8	0.1	-1.8	8.58%	35.65	-0.2,1.4\|\|72	Rebound	48
i	Date	Close	Daily Return	Volume millions	To High-Low	Close to ema5	ema5 Trend	ema10 Trend	ema20 Trend	BBV	5 Day Price Change	5 Day Target	SRI	Trend Narrative	RSI