Trading Signals: GDX Stock Price Prediction and Forecast

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Thu. Apr. 18, 2024

Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Thu. Apr. 18, 2024)

(VanEck Vectors Gold Miners ETF)
GDX latest price $33.7500 (0.6%) ($33.4550 - $34.0900) on Thu. Apr. 18, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.93% (three month average)
RSI   67
Latest Price   $33.7500(0.6%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   GDX declines -0.4% a day on average for past five trading days.
Weekly Trend   GDX advances 1.5% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support GDX advance at 0% a week (0% probability)
XBI(81%)    IVE(80%)    TAN(80%)    JETS(79%)    IWN(76%)
Factors Impacting GDX price   GDX will decline at least -0.965% in a week (0% probabilities).
UUP(-74%)    VXX(-55%)    VIXM(-19%)    SMH(27%)    TLT(47%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.965% (StdDev 1.93%)
Hourly BBV 0.6 ()
Intraday Trend -0.8%

5 Day Moving Average   $33.52(0.69%)
10 Day Moving Average   $33.73(0.06%)
20 Day Moving Average   $32.57(3.62%)
To recent high   -2%
To recent low   30.9%
Market Cap   $N/A

$. GDX price fluctuates within 4.82% (three month std-dev: 1.93%) daily (68% of days).

Sample size 38 Average positive next day return: 1.97%(50%) Average negative next day return: -1.92%(50%) Sample size 38 Average positive next three day return: 3.4%(47%) Average negative next three day return: -2.51%(53%) Sample size 38 Average positive next weekly return: 4.42%(47%) Average negative next weekly return: -3.9%(53%)

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_18_2024	29.68	32.57	33.73	33.52	33.49	33.66	33.75(0.6%)	UT	OpenLong	75	0.1	15	30	4	48	18.48	72%	0.07	60.2	1.93%	0.6	0.8	67	-1.6
2	Apr_17_2024	29.66	32.4	33.64	33.66	33.66	33.22	33.55(1.57%)	UD	OpenLong	65	-0.1	13	-90	-6	69	27.88	68%	0.1	61.6	1.93%	0.7	0.7	70	-2
3	Apr_16_2024	29.63	32.18	33.61	33.69	33.83	33.33	33.03(-1.49%)	UD	OpenLong	65	-0.4	1	-90	-29	90	32.54	63%	0.1	57.2	1.97%	-0.6	0.5	73	-2.2
4	Apr_15_2024	29.6	32.02	33.56	33.92	33.97	34.1	33.53(-0.68%)	UD	OpenLong	65	-0.2	27	30	-8	131	34.55	63%	0.17	58.9	2.05%	-0.7	0.8	77	-3
5	Apr_12_2024	29.55	31.84	33.43	33.93	34.1	34.33	33.76(-2%)	UD	OpenLong	75	-0.1	52	60	14	165	71.49	65%	0.14	60	2.06%	-0.9	1.1	80	-2.8

6	Apr_11_2024	29.51	31.65	33.23	33.95	33.93	33.83	34.45(2.29%)	UT	HoldLong	65	0.3	54	-20	11	183	22.43	65%	0.17	62.5	2.07%	1.6	1.6	81	1
7	Apr_10_2024	29.46	31.43	32.89	33.62	33.74	33.87	33.68(-1.46%)	UD	OpenLong	75	0	45	40	1	175	33.11	63%	0.17	64.6	2.05%	-0.8	1.3	75	-0.4
8	Apr_9_2024	29.41	31.22	32.52	33.51	33.62	34.03	34.18(1.73%)	UT	HoldLong	65	0.4	68	100	26	193	29.04	63%	0.2	68	2.04%	0.8	1.8	83	-0.3
9	Apr_8_2024	29.35	31	32.09	33.16	33.25	33.62	33.6(-0.71%)	UD	OpenLong	75	0.3	64	90	25	179	24.44	63%	0.2	73.8	2.05%	0.6	1.8	74	-0.3
10	Apr_5_2024	29.29	30.8	31.7	32.85	32.86	33.21	33.84(3.23%)	UT	OpenLong	75	0.7	61	80	26	165	41.86	63%	0.17	81.9	2.05%	1.6	2.2	74	-1.1

11	Apr_4_2024	29.24	30.57	31.3	32.4	32.54	32.89	32.78(-1.09%)	UD	OpenLong	75	0.3	57	90	26	148	29.9	61%	0.17	97.4	2.01%	0.5	1.9	71	-0.4
12	Apr_3_2024	29.19	30.39	31.04	32.04	32.16	32.52	33.14(2.16%)	UT	OpenLong	75	1	62	90	38	135	30.49	59%	0.17	111.4	2.01%	1.9	2.5	69	0.4
13	Apr_2_2024	29.14	30.16	30.62	31.38	31.59	32.2	32.44(1.28%)	UT	OpenLong	75	1.1	50	160	35	95	34.43	57%	0.21	123.4	2.02%	1.6	2.4	70	0.3
14	Apr_1_2024	29.08	29.96	30.34	30.86	31.06	31.79	32.03(1.3%)	UT	OpenLong	75	1.4	50	180	44	68	26.98	57%	0.21	135.7	2.02%	1	2.5	62	0.7
15	Mar_28_2024	29.02	29.72	30.11	30.37	30.52	30.98	31.62(2.13%)	UT	OpenLong	75	1.1	35	120	33	39	28.52	55%	0.14	93.5	2.02%	1.4	1.7	63	1.1

16	Mar_27_2024	28.98	29.47	29.92	30.04	30.09	30.33	30.96(3.72%)	UT	OpenLong	75	0.7	13	60	12	15	26.82	53%	0.1	75.5	2.03%	1.9	1.2	60	1.6
17	Mar_26_2024	28.95	29.22	29.83	29.9	30.05	30.06	29.85(0.07%)	UT	OpenLong	75	-0	14	20	12	19	13.42	50%	0	63.8	1.97%	-0.3	0.5	58	1.4
18	Mar_25_2024	28.95	29.04	29.81	29.75	29.93	29.86	29.83(0.78%)	UT	HoldLong	50	0.1	3	0	-1	13	17.55	50%	0.03	53.5	1.97%	-0.2	0.5	62	1.8
19	Mar_22_2024	28.94	28.87	29.81	29.73	29.76	30.04	29.6(-1.2%)	UD	OpenLong	65	-0.1	6	70	-1	27	21.64	50%	0.03	50.2	1.99%	-0.5	0.5	62	1.8
20	Mar_21_2024	28.93	28.73	29.84	29.78	29.77	30	29.96(-0.99%)	UD	OpenLong	75	0.1	26	50	15	59	34.01	50%	0.07	48.9	2%	0.9	0.8	73	1.9

21	Mar_20_2024	28.91	28.54	29.81	29.77	29.65	29.48	30.26(4.02%)	UT	HoldLong	50	0.3	18	-50	-3	82	35.5	48%	0.07	49.6	2.01%	2.5	1.1	79	1.6
22	Mar_19_2024	28.89	28.37	29.7	29.78	29.71	29.54	29.09(-2.12%)	UD	OpenLong	65	-0.4	20	-50	-13	117	28.68	47%	0.03	54	1.96%	-1.8	0.5	79	1.6
23	Mar_18_2024	28.88	28.27	29.68	29.87	29.91	29.82	29.72(-0.57%)	UD	OpenLong	65	-0.1	37	-20	-3	156	25.77	49%	0	54.6	1.97%	-1.1	0.9	81	1.3
24	Mar_15_2024	28.88	28.12	29.57	29.96	29.83	29.88	29.89(0%)	UD	OpenLong	65	-0	47	-0	-1	190	22.34	49%	0.07	57.2	1.97%	-0.3	1.1	79	1.2
25	Mar_14_2024	28.86	27.96	29.33	29.91	29.84	30	29.89(-1.32%)	UD	OpenLong	75	-0	57	30	8	203	22.3	49%		56.7	1.98%	-0.3	1.2	74	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD