| NUGT latest price $80.0800 (-6.34%) ($79.6300 - $88.9800) on Mon. Jul. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 67 |
Latest Price | $80.0800(-6.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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(77%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.505% 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 | -2.505% (StdDev 5.01%) |
Hourly BBV | -2.7 () |
Intraday Trend | -9.3% |
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