| GDX latest price $35.0000 (-0.71%) ($34.5600 - $35.3500) on Wed. May. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 59 |
Latest Price | $35.0000(-0.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 0.1% a day on average for past five trading days. |
Weekly Trend | GDX advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GDX advance at 0% a week (0% probability) GDXJ(98%) SIL(95%) SLV(78%) GLD(77%) ICLN(51%) |
Factors Impacting GDX price | GDX will decline at least -0.965% in a week (0% probabilities). UUP(-40%) TBT(-36%) VIXM(-13%) VXX(-12%) ARKG(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.965% (StdDev 1.93%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.9% |
| |
|
|