| NUGT latest price $174.2000 (-1.64%) ($173.6500 - $182.5000) on Tue. Dec. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 73 |
Latest Price | $174.2000(-1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 9.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -2.365% 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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 0.6 () |
Intraday Trend | -3.5% |
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