| NUGT latest price $81.3000 (5.75%) ($77.3200 - $81.5800) on Mon. Nov. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 41 |
Latest Price | $81.3000(5.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -6.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(93%) GLD(80%) SLV(79%) BWX(48%) |
Factors Impacting NUGT price | NUGT will decline at least -2.525% in a week (0% probabilities). UUP(-36%) VIXM(-21%) TBT(-11%) VXX(-10%) EDOC(-2%) |
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 | -2.525% (StdDev 5.05%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.7% |
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