| NUGT latest price $79.5100 (7.94%) ($75.5000 - $80.0800) on Fri. May. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.31% (three month average) |
RSI | 61 |
Latest Price | $79.5100(7.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.9% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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 -8.155% 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 | -8.155% (StdDev 16.31%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.5% |
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