| GDX latest price $33.0800 (2.26%) ($32.2400 - $33.2900) on Mon. Apr. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 76 |
Latest Price | $33.0800(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1% a day on average for past five trading days. |
Weekly Trend | GDX advances 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) GDXJ(98%) SIL(95%) GLD(77%) SLV(77%) EEM(49%) |
Factors Impacting GDX price | GDX will decline at least -1.055% in a week (0% probabilities). UUP(-41%) TBT(-36%) VIXM(-11%) VXX(-10%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.8% |
| |
|
|