| GDX latest price $32.3450 (-4.02%) ($32.2000 - $33.6300) on Thu. Feb. 25, 2021. |
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| Trend Analysis and Forecast |
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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 |
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Valuation to SPY | -1.5 |
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Relative Volatility | -0.1 (options are faily valued) |
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Market Trend Strength | -0.7% (StdDev 2.23%) |
Hourly BBV | -2.7 () |
Intraday Trend | -2% |
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