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     Wed. Nov. 25, 2020



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  
 
 
 


  
 
 



$. 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

iDateTo High-Lowema20
Trend
ema10
Trend
ema5
Trend
Hourly
Trend
Last
Hour
EMA
Ratio
BBVHourly
BBV
RVVSIVVIXCDVolume
millions
CloseActualPriceRangeTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeRSI
1Nov_25_2020-20.4%-2.1-2.6%,-0.5(0)-6%,-1.1(-0)-1%,-0.2-1.20.59%-3.7%-1.5-1.1-1.72.2NAN%1.38.59   34.12(2.08%)33.67-34.22Relative Oversold 34.04(-0.24%)31.91-35.7819
2Nov_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%-2.1-2.1-2.22.1NAN%1.540.96   33.42(-2.74%)33.25-33.9Downtrend 32.61(-2.43%)31.97-34.134
3Nov_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%-2-2.1-21.81.78%1.333.2   34.36(-4.29%)34.34-35.57Growing Downtrend 33.79(-1.67%)33.21-34.9333
4Nov_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%-1.3-0.9-1.61.61.74%1.425.59   35.9(1.07%)35.66-36.36Relative Oversold 35.86(-0.1%)34.5-36.9741
5Nov_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%-1.7-1.3-21.61.77%1.725.85   35.52(-0.84%)35.2-35.83Growing Downtrend 35.24(-0.79%)34.91-35.9646
 
6Nov_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%-1.7-2.3-2.11.51.54%1.926.86   35.82(-3.03%)35.82-36.97Growing Downtrend 35.67(-0.42%)35.43-36.2449
7Nov_17_2020-14%-1.2-1.6%,-0.5(0)-0.7%,-0.2(-0.1)-0.3%,-0.1-0.30.08%0%-1.1-1.5-21.41.67%1.820.7   36.94(-2.17%)36.94-37.65Downtrend 36.85(-0.24%)36.69-37.2255
8Nov_16_2020-12.1%-3.4% -1.6%,-0.5(0)-0.4%,-0.1(-0.1)-0.6%,-0.20.90%0.3%-0.60.2-1.91.31.54%1.917   37.76(-0.66%)37.45-38.24Downtrend 37.68(-0.22%)37.58-37.9148
9Nov_13_2020-11.5%-4.1% -1.6%,-0.5(-0.1)-0%,-0(-0.2)-1.8%,-0.50.3-0.08%0.4%-0.5-0.3-1.81.31.85%1.119.16   38.01(1.39%)37.83-38.35N/A 38.04(0.07%)37.73-38.2951
10Nov_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%-0.9-1.2-21.32.08%0.721.47   37.49(0.92%)37.39-38.08N/A 37.71(0.6%)37.3-38.0547
 
11Nov_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%-1.3-1.4-2.81.32.32%1.322.29   37.15(-1.09%)36.73-37.26Uptrend Reversal 37.56(1.1%)37.21-37.7944
12Nov_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%-1.1-1.2-2.91.22.34%0.733.27   37.56(-3.4%)37.52-39.06N/A 38.01(1.21%)37.65-38.3143
13Nov_9_2020-9.5%-6.5% 0.4%,0.1(-0)1.3%,0.4(0.1)0.1%,00.60.18%-0.9%-0.2-0.5-2.21.22.1%-0.443.25   38.88(-6.13%)38.03-39.42Uptrend 39.04(0.4%)38.94-39.0749
14Nov_6_2020-6.4%-13.4% 0.5%,0.1(0.1)1%,0.3(0.4)2%,0.62.10.19%-1.2%1.61.11.71.31.92%1.921.82   41.42(0.49%)40.99-41.81Uptrend 41.49(0.17%)41-41.758
15Nov_5_2020-7.4%-12.9% 0.1%,0(0.2)-0.4%,-0.1(0.5)2.3%,0.71.20.41%-1.8%1.61.81.51.22.52%0.951.71   41.22(7.15%)39.87-41.51N/A 40.75(-1.15%)40.05-41.3254
 
16Nov_4_2020-13.6%-5.3% -0.6%,-0.2(0.1)-1.9%,-0.6(0.3)1%,0.31.8-0.08%-2.2%-0.50.1-1.41.22.15%0.524.95   38.47(-2.29%)38.4-39.53Downtrend Consolidation 38.41(-0.15%)38.7-38.3241
17Nov_3_2020-11.6%-7.8% -0.9%,-0.3(0.1)-2.7%,-0.9(0.1)0.3%,0.12.40.03%-1.8%0.21.21.31.22.48%-1.620.35   39.37(1.92%)38.84-39.63Downtrend Consolidation 39.18(-0.49%)39.31-39.1341
18Nov_2_2020-13.2%-5.8% -1.2%,-0.4(-0)-3.1%,-1(0.2)0.2%,0.11.20.31%-1.7%-0.31.61.31.22.68%-2.527.17   38.63(3.04%)37.67-38.69Downtrend Consolidation 38.45(-0.46%)38.75-38.3642
19Oct_30_2020-15.8%-2.7% -1.1%,-0.4(-0.1)-3.6%,-1.2(-0)-0.7%,-0.2-1.20.19%-1.7%-1.3-0.901.22.61%-2.227.54   37.49(1.46%)36.49-37.57Downtrend 37.22(-0.72%)36.98-37.7733
20Oct_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%-2-1.2-1.51.12.42%-2.422.3   36.95(1.18%)36.01-37.29Growing Downtrend 36.75(-0.55%)36.47-37.3829
 
21Oct_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%-2.8-1.6-1.812.65%-2.438.78   36.52(-5.95%)36.34-37.88Growing Downtrend 36.43(-0.26%)36.19-37.0441
22Oct_27_2020-12.8%-3.2% 0.2%,0.1(-0)-1.1%,-0.6(-0.3)-0.3%,-0.2-0.90.08%-0.1%-0.8-0.1-0.30.82%-0.614.6   38.83(1.62%)38.09-38.86Correction 38.37(-1.18%)38.28-38.7555
23Oct_26_2020-14.2%-1.50.2%,0.1(-0)-0.5%,-0.2(-0.3)-0.5%,-0.2-1.5-0.16%0.2%-1.6-2.2-1.50.82.51%-0.217.82   38.21(-1.57%)38.17-39.16Correction 37.83(-0.99%)37.75-38.1754
24Oct_23_2020-12.8%-3.2% 0.2%,0.1(0.1)0%,0(-0.4)-0.5%,-0.3-1.20.08%0.7%-0.9-1-1.90.81.9%0.814.39   38.82(-0.94%)38.47-39.17Range Bound 38.94(0.31%)39.09-38.8247
25Oct_22_2020-12%-4.1% 0%,0(0.1)0.7%,0.4(-0.1)-0.6%,-0.300.1%1.3%-0.4-1.6-1.20.82.04%0.619.74   39.19(-1.83%)38.59-39.44Uptrend Consolidation 39.28(0.24%)39.31-39.2253
iDateTo High-Lowema20
Trend
ema10
Trend
ema5
Trend
Hourly
Trend
Last
Hour
EMA
Ratio
BBVHourly
BBV
RVVSIVVIXCDVolume
millions
Close  5 Day
Target  
Trend
Narrative
  5 Day
Price Change  
SRIRSI
 
 
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