| NUGT latest price $137.1500 (1.37%) ($132.6600 - $138.0000) on Wed. Jul. 3, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 72 |
Latest Price | $137.1500(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 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(95%) GDXJ(94%) SIL(89%) GLD(70%) SLV(59%) |
Factors Impacting NUGT price | NUGT will decline at least -2.435% in a week (0% probabilities). UUP(-38%) VIXM(-15%) TBT(-12%) VXX(-7%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.435% (StdDev 4.87%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|