| NUGT latest price $80.0500 (-0.87%) ($77.2000 - $84.0500) on Tue. Oct. 16, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 72 |
Latest Price | $80.0500(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 4.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 8.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.655% in a week (0% probabilities). TBT(-13%) IFRA(-13%) UUP(-7%) VXX(-6%) 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 | -2.655% (StdDev 5.31%) |
Hourly BBV | 0 () |
Intraday Trend | -3.2% |
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