| NUGT latest price $112.9600 (8.93%) ($101.5600 - $113.0300) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 72 |
Latest Price | $112.9600(8.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.7% 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 | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(94%) GLD(81%) SLV(78%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.455% in a week (0% probabilities). UUP(-37%) VIXM(-23%) VXX(-11%) TBT(-11%) IGOV(-8%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | 2.2 () |
Intraday Trend | 9.2% |
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