| GDX latest price $35.3600 (3.51%) ($34.4400 - $35.4300) on Thu. May. 9, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 57 |
Latest Price | $35.3600(3.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GDX advances 1.1% a day on average for past five trading days. |
Weekly Trend | GDX advances 1.3% 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(99%) GLD(91%) XLE(58%) IWM(57%) IWN(57%) |
Factors Impacting GDX price | GDX will decline at least -1.015% in a week (0% probabilities). UUP(-55%) VXX(-25%) VIXM(-15%) TAN(13%) SMH(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.015% (StdDev 2.03%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.6% |
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