| NUGT latest price $69.5000 (1.46%) ($66.6450 - $71.7700) on Wed. May. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.39% (three month average) |
RSI | 55 |
Latest Price | $69.5000(1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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(-37%) VIXM(-23%) 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 | -0.5 () |
Intraday Trend | -1.3% |
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