| NUGT latest price $160.0000 (11.81%) ($145.0500 - $160.1000) on Wed. Jul. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 63 |
Latest Price | $160.0000(11.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 5.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(95%) GDXJ(94%) SIL(89%) GLD(69%) SLV(59%) |
Factors Impacting NUGT price | NUGT will decline at least -2.515% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.515% (StdDev 5.03%) |
Hourly BBV | 0 () |
Intraday Trend | 10% |
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