| NUGT latest price $142.0000 (-3.43%) ($140.6500 - $147.3500) on Mon. Dec. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 66 |
Latest Price | $142.0000(-3.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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(68%) SLV(58%) |
Factors Impacting NUGT price | NUGT will decline at least -2.525% in a week (0% probabilities). UUP(-38%) VIXM(-19%) 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 | -2.525% (StdDev 5.05%) |
Hourly BBV | -1.4 () |
Intraday Trend | -3.5% |
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