| GDX latest price $30.5940 (1.11%) ($29.9313 - $30.7127) on Mon. Aug. 1, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 58 |
Latest Price | $30.5940(1.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 2.2% a day on average for past five trading days. |
Weekly Trend | GDX advances 0.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) SIL(92%) GLD(75%) SLV(67%) BWX(47%) XME(42%) |
Factors Impacting GDX price | GDX will decline at least -1.605% in a week (0% probabilities). TBT(-16%) UUP(-15%) IPO(-3%) VIXM(-1%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.605% (StdDev 3.21%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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