| NUGT latest price $95.5000 (11.83%) ($88.6300 - $95.5400) on Mon. Jun. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 70 |
Latest Price | $95.5000(11.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -2.19% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.19% (StdDev 4.38%) |
Hourly BBV | 0 () |
Intraday Trend | 6.2% |
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