| NUGT latest price $73.3200 (7.59%) ($68.6950 - $75.1800) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.39% (three month average) |
RSI | 75 |
Latest Price | $73.3200(7.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock 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(46%) |
Factors Impacting NUGT price | NUGT will decline at least -8.195% 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 | -8.195% (StdDev 16.39%) |
Hourly BBV | 1.8 () |
Intraday Trend | 5.2% |
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