| NUGT latest price $82.2100 (7.09%) ($78.7000 - $83.4500) on Tue. May. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.28% (three month average) |
RSI | 61 |
Latest Price | $82.2100(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6% a week on average for past two weeks. |
Market Behavior | Value stocks 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 -8.14% 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 | -8.14% (StdDev 16.28%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.7% |
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