| NUGT latest price $69.0000 (-0.25%) ($65.3100 - $70.5000) on Mon. Apr. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.21% (three month average) |
RSI | 83 |
Latest Price | $69.0000(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 17.2% 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(76%) BWX(45%) |
Factors Impacting NUGT price | NUGT will decline at least -8.105% in a week (0% probabilities). UUP(-36%) VIXM(-22%) TBT(-12%) VXX(-11%) IYT(-1%) |
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 | -8.105% (StdDev 16.21%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.2% |
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