| NUGT latest price $62.8500 (5.99%) ($59.6500 - $63.7500) on Mon. Sep. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 31 |
Latest Price | $62.8500(5.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -7.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(70%) SLV(59%) BWX(40%) |
Factors Impacting NUGT price | NUGT will decline at least -2.245% in a week (0% probabilities). TBT(-13%) UUP(-7%) VXX(-6%) IFRA(-3%) DRIV(-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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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