| NUGT latest price $78.5500 (3.17%) ($76.6200 - $80.0700) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 70 |
Latest Price | $78.5500(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 9.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(93%) GLD(80%) SLV(77%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.83% in a week (0% probabilities). UUP(-37%) VIXM(-24%) VXX(-11%) TBT(-11%) 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 | -2.83% (StdDev 5.66%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.8% |
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