| NUGT latest price $36.1500 (-4.87%) ($33.8000 - $41.9500) on Mon. Mar. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 15.91% (three month average) |
RSI | 42 |
Latest Price | $36.1500(-4.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -27.3% 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) GDXJ(97%) SIL(93%) GLD(80%) SLV(75%) XME(46%) |
Factors Impacting NUGT price | NUGT will decline at least -7.955% in a week (0% probabilities). UUP(-34%) VIXM(-25%) VXX(-12%) TBT(-10%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -7.955% (StdDev 15.91%) |
Hourly BBV | -1.3 () |
Intraday Trend | -5.5% |
| |
|
|