| NUGT latest price $171.8000 (-1.77%) ($169.0000 - $184.2000) on Fri. Jan. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 68 |
Latest Price | $171.8000(-1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 10.3% 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(68%) SLV(58%) |
Factors Impacting NUGT price | NUGT will decline at least -2.345% 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 | -2.345% (StdDev 4.69%) |
Hourly BBV | -2 () |
Intraday Trend | -6.7% |
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