| NUGT latest price $184.9000 (6.51%) ($181.7500 - $189.8000) on Wed. Jan. 24, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 61 |
Latest Price | $184.9000(6.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(96%) SIL(88%) GLD(71%) SLV(60%) BWX(41%) |
Factors Impacting NUGT price | NUGT will decline at least -1.72% in a week (0% probabilities). TBT(-13%) UUP(-10%) VXX(-3%) UNG(0%) VIXM(1%) |
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 | -1.72% (StdDev 3.44%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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