| NUGT latest price $69.5200 (4.35%) ($67.3900 - $70.3400) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.35% (three month average) |
RSI | 66 |
Latest Price | $69.5200(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 8.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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(46%) |
Factors Impacting NUGT price | NUGT will decline at least -8.175% 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 | -8.175% (StdDev 16.35%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2% |
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