| NUGT latest price $42.9500 (11.27%) ($40.3000 - $43.8500) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15.93% (three month average) |
RSI | 43 |
Latest Price | $42.9500(11.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.7% a day on average for past five trading days. |
Weekly Trend | NUGT declines -1.4% 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%) BWX(44%) |
Factors Impacting NUGT price | NUGT will decline at least -7.965% in a week (0% probabilities). UUP(-35%) VIXM(-21%) VXX(-11%) TBT(-11%) IYT(-0%) |
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 | 1.7 () |
Intraday Trend | 2% |
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