| NUGT latest price $138.3000 (4.77%) ($132.3000 - $139.2500) on Fri. Nov. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 61 |
Latest Price | $138.3000(4.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.5% a day on average for past five trading days. |
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(68%) SLV(58%) |
Factors Impacting NUGT price | NUGT will decline at least -2.83% in a week (0% probabilities). UUP(-38%) VIXM(-18%) VXX(-9%) TBT(-8%) SHY(-6%) |
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 | -2.83% (StdDev 5.66%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
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