| NUGT latest price $72.6700 (-0.89%) ($71.4400 - $75.5290) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.26% (three month average) |
RSI | 72 |
Latest Price | $72.6700(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6.3% 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(76%) BWX(46%) |
Factors Impacting NUGT price | NUGT will decline at least -8.13% 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 | -8.13% (StdDev 16.26%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.5% |
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