| NUGT latest price $96.8000 (-3.44%) ($93.0800 - $102.8300) on Thu. Jul. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.81% (three month average) |
RSI | 72 |
Latest Price | $96.8000(-3.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.405% in a week (0% probabilities). UUP(-37%) VIXM(-23%) 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 | -2.405% (StdDev 4.81%) |
Hourly BBV | 0.6 () |
Intraday Trend | -3.4% |
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