| NUGT latest price $76.7700 (-3.45%) ($75.9000 - $82.3090) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.27% (three month average) |
RSI | 59 |
Latest Price | $76.7700(-3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 4.4% 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 -8.135% in a week (0% probabilities). UUP(-37%) VIXM(-23%) VXX(-11%) TBT(-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 | -8.135% (StdDev 16.27%) |
Hourly BBV | 0.3 () |
Intraday Trend | -6.4% |
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