| GDX latest price $32.4300 (0.4%) ($32.0800 - $32.6300) on Wed. Mar. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 48 |
Latest Price | $32.4300(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.7% a day on average for past five trading days. |
Weekly Trend | GDX declines -2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(79%) SLV(79%) BWX(49%) |
Factors Impacting GDX price | GDX will decline at least -1.13% in a week (0% probabilities). UUP(-31%) VIXM(-18%) TBT(-13%) VXX(-9%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.13% (StdDev 2.26%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.2% |
| |
|
|