| NUGT latest price $76.1500 (5.11%) ($71.7000 - $76.3500) on Thu. May. 30, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.89% (three month average) |
| RSI | 57 |
| Latest Price | $76.1500(5.11%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 1.1% a day on average for past five trading days. |
| Weekly Trend | NUGT declines -1.2% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability)
GDX(96%) GDXJ(94%) SIL(89%) GLD(70%) SLV(59%) |
| Factors Impacting NUGT price | NUGT will decline at least -1.945% in a week (0% probabilities).
UUP(-38%) TBT(-12%) VXX(-7%) UNG(-0%) SHY(-0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.945% (StdDev 3.89%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5% |
| | |
| |
|