| NUGT latest price $51.0000 (20%) ($45.1000 - $51.0500) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.08% (three month average) |
RSI | 77 |
Latest Price | $51.0000(20%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6.7% a week on average for past two weeks. |
Market Behavior | Value stock 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 -8.04% 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 | -8.04% (StdDev 16.08%) |
Hourly BBV | 1.4 () |
Intraday Trend | 11.5% |
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