| NUGT latest price $72.1300 (1.63%) ($67.6100 - $72.6900) on Fri. Jun. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 62 |
Latest Price | $72.1300(1.63%) |
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 5.8% 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(94%) GLD(80%) SLV(77%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -3.13% in a week (0% probabilities). UUP(-37%) VIXM(-24%) VXX(-11%) TBT(-10%) IYT(0%) |
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 | -3.13% (StdDev 6.26%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.6% |
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