Trading Signals: GDX Stock Price Prediction and Forecast

^ GDX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Nov. 5, 2021

Trading Signals: GDX Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. May. 17, 2024)

(VanEck Vectors Gold Miners ETF)
GDX latest price $32.7500 (3.15%) ($31.8400 - $32.7500) on Fri. Nov. 5, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.68% (three month average)
RSI   56
Latest Price   $32.7500(3.15%)
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 -1.2% 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(98%)    SIL(95%)    GLD(79%)    SLV(79%)    BWX(48%)
Factors Impacting GDX price   GDX will decline at least -0.84% in a week (0% probabilities).
UUP(-27%)    VIXM(-17%)    TBT(-13%)    VXX(-8%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.84% (StdDev 1.68%)
Hourly BBV 1.9 ()
Intraday Trend 2%

5 Day Moving Average   $31.95(2.5%)
10 Day Moving Average   $32.36(1.21%)
20 Day Moving Average   $32.33(1.3%)
To recent high   -4.4%
To recent low   13.3%
Market Cap   $N/A

$. GDX price fluctuates within 2.44% (three month std-dev: 1.68%) daily (68% of days).

Sample size 8 Average positive next day return: 0.86%(38%) Average negative next day return: -1.66%(63%) Sample size 8 Average positive next three day return: 1.19%(50%) Average negative next three day return: -3.42%(50%) Sample size 8 Average positive next weekly return: 0.73%(63%) Average negative next weekly return: -3.34%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211205

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	Nov_5_2021	32.55	32.33	32.36	31.95	31.86	32.23	32.75(3.15%)	N/A	N/A	0	1	10	70	24	-32	23.26	58%	-0.06	49.6	1.68%	1.9	0.5	56	1
2	Nov_4_2021	32.57	32.23	32.37	31.74	31.72	31.79	31.75(-0.35%)	DP	OpenShort	-65	0	-11	10	3	-51	20.72	55%	-0.18	45.9	1.64%	0.3	-0.6	43	1.3
3	Nov_3_2021	32.63	32.17	32.47	31.91	31.67	31.5	31.86(1.05%)	DP	OpenShort	-75	-0.1	-28	-60	-20	-52	19.58	55%	-0.15	52.2	1.64%	1.3	-0.3	40	1.3
4	Nov_2_2021	32.68	32.11	32.58	32.16	32.01	31.64	31.53(-1.04%)	DT	OpenShort	-75	-0.6	-28	-90	-26	-32	13.39	55%	-0.21	59.8	1.64%	-1	-0.5	47	1.3
5	Nov_1_2021	32.75	32.04	32.69	32.5	32.42	31.84	31.86(0.47%)	DP	OpenShort	-75	-0.5	-27	-130	-35	-1	13.05	55%	-0.21	65.5	1.64%	-0.7	-0.2	60	1.2

6	Oct_29_2021	32.82	31.94	32.74	32.82	32.78	32.37	31.71(-2.7%)	N/A	N/A	0	-0.9	-17	-90	-35	36	19.83	58%	-0.21	67.3	1.64%	-1.5	-0.2	64	1.2
7	Oct_28_2021	32.89	31.83	32.83	33.08	33.16	32.99	32.59(-1.54%)	UD	OpenLong	65	-0.4	14	-30	-9	84	16.14	61%	-0.15	68	1.64%	-1.9	0.6	71	1.2
8	Oct_27_2021	32.94	31.69	32.86	33.1	33.27	33.18	33.1(-0.45%)	UD	OpenLong	65	0	29	-0	-1	117	14.17	61%	-0.18	61.5	1.64%	-0.9	1	78	1.1
9	Oct_26_2021	33	31.48	32.77	33.06	33.16	33.34	33.25(-0.6%)	UD	OpenLong	75	0.1	40	50	7	140	14.85	61%	-0.15	55.5	1.64%	-0.2	1.2	80	1.2
10	Oct_25_2021	33.05	31.29	32.57	32.91	33.07	33.36	33.45(1.39%)	UT	HoldLong	65	0.4	58	80	25	156	16.88	61%	-0.15	50.6	1.64%	0.8	1.5	85	1.4

11	Oct_22_2021	33.1	31.09	32.29	32.66	32.86	32.97	32.99(0.79%)	UT	HoldLong	65	0.2	48	40	14	149	29.54	61%	-0.18	45.6	1.64%	0.3	1.4	84	1.5
12	Oct_21_2021	33.16	30.92	32.07	32.57	32.63	32.78	32.73(-0.4%)	UD	OpenLong	75	0.1	41	40	2	157	13.48	61%	-0.21	41.1	1.64%	0	1.3	85	1.8
13	Oct_20_2021	33.23	30.8	31.84	32.59	32.53	32.75	32.86(1.11%)	UT	HoldLong	65	0.2	56	40	15	179	15.36	61%	-0.18	38.2	1.64%	0.9	1.6	84	1.7
14	Oct_19_2021	33.29	30.67	31.59	32.45	32.49	32.47	32.5(0.87%)	UT	HoldLong	65	0	63	-0	19	194	13.99	58%	-0.03	31.4	1.63%	-0.1	1.5	85	1.9
15	Oct_18_2021	33.3	30.56	31.32	32.18	32.28	32.31	32.22(-0.92%)	UD	OpenLong	75	0	55	20	13	180	15.35	58%	-0.24	20.1	1.65%	-1.1	1.5	76	2.1

16	Oct_15_2021	33.38	30.47	31.07	31.85	31.94	32.5	32.52(-1%)	UD	OpenLong	75	0.6	62	130	28	164	19.73	55%	-0.21	8.8	1.69%	-0.4	2	74	2
17	Oct_14_2021	33.45	30.37	30.75	31.48	31.54	32.26	32.85(2.18%)	UT	HoldLong	65	1.5	77	170	53	150	25.01	55%	-0.18	-6.2	1.69%	1.2	2.7	78	1.9
18	Oct_13_2021	33.51	30.32	30.4	30.99	31.1	31.37	32.15(3.24%)	UT	OpenLong	75	1.4	54	70	37	103	36.48	53%	-0.24	-22.9	1.67%	1.4	2.2	61	1.5
19	Oct_12_2021	33.59	30.3	30.07	30.63	30.72	30.82	31.14(1.83%)	UT	OpenLong	75	0.6	25	30	15	56	25.17	50%	-0.27	-34.5	1.63%	1.5	1	55	1.4
20	Oct_11_2021	33.68	30.34	29.89	30.35	30.48	30.83	30.58(-0.29%)	UD	OpenLong	75	0.2	21	90	19	27	17.42	48%	-0.27	-45.5	1.62%	-0.4	0.3	49	1.3

21	Oct_8_2021	33.77	30.38	29.79	30.17	30.19	30.62	30.67(0.89%)	UT	OpenLong	75	0.5	27	100	33	10	28.71	48%	-0.27	-54.2	1.64%	0.8	0.3	48	1.9
22	Oct_7_2021	33.86	30.43	29.68	29.9	29.83	30.13	30.4(0.2%)	N/A	N/A	0	0.5	10	60	22	-26	18.25	48%	-0.27	-60.9	1.66%	1	-0	41	1.4
23	Oct_6_2021	33.95	30.51	29.68	29.72	29.62	29.76	30.34(1.88%)	N/A	N/A	0	0.6	1	20	21	-58	28.4	48%	-0.26	-63.9	1.66%	2.4	-0.2	29	0.7
24	Oct_5_2021	34.04	30.61	29.67	29.43	29.5	29.54	29.78(0.37%)	DP	OpenShort	-65	0.3	-21	20	7	-104	21.3	46%	-0.29	-67	1.64%	1.4	-0.7	21	0.5
25	Oct_4_2021	34.14	30.77	29.73	29.35	29.38	29.48	29.67(1.16%)	DP	OpenShort	-65	0.3	-31	30	2	-130	25.24	46%		-66.6	1.65%	0.6	-0.9	23	-0.2
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

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