| NUGT latest price $183.0500 (9.12%) ($177.9000 - $190.0000) on Mon. Aug. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 67 |
Latest Price | $183.0500(9.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.5% a day on average for past five trading days. |
Weekly Trend | NUGT declines -0.1% 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 -2.86% in a week (0% probabilities). UUP(-38%) VIXM(-15%) TBT(-12%) VXX(-7%) SHY(-2%) |
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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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