| NUGT latest price $45.2500 (-3.42%) ($42.3000 - $52.0000) on Thu. Mar. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 15.81% (three month average) |
RSI | 41 |
Latest Price | $45.2500(-3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 8% a day on average for past five trading days. |
Weekly Trend | NUGT declines -46.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(97%) GDXJ(97%) SIL(91%) GLD(76%) SLV(70%) |
Factors Impacting NUGT price | NUGT will decline at least -7.905% in a week (0% probabilities). UUP(-32%) VIXM(-29%) VXX(-12%) TBT(-5%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -7.905% (StdDev 15.81%) |
Hourly BBV | -0.1 () |
Intraday Trend | -9.4% |
| |
|
|