| GDX latest price $36.5800 (-1.9%) ($36.5600 - $37.2700) on Fri. Dec. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 61 |
Latest Price | $36.5800(-1.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.8% a day on average for past five trading days. |
Weekly Trend | GDX advances 0.6% 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 advance at 0% a week (0% probability) GDXJ(97%) SIL(93%) GLD(80%) SLV(78%) BWX(48%) |
Factors Impacting GDX price | GDX will decline at least -1.255% in a week (0% probabilities). UUP(-31%) VIXM(-18%) TBT(-11%) VXX(-9%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.255% (StdDev 2.51%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.9% |
| |
|
|