| NUGT latest price $38.0000 (-16.02%) ($36.0000 - $44.7000) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15.93% (three month average) |
RSI | 42 |
Latest Price | $38.0000(-16.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5.8% a day on average for past five trading days. |
Weekly Trend | NUGT declines -35.5% 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(97%) GDXJ(96%) SIL(91%) GLD(77%) SLV(73%) |
Factors Impacting NUGT price | NUGT will decline at least -7.965% in a week (0% probabilities). UUP(-36%) VIXM(-30%) VXX(-12%) TBT(-10%) UNG(5%) |
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 | -7.965% (StdDev 15.93%) |
Hourly BBV | -1.9 () |
Intraday Trend | -10.1% |
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