| NUGT latest price $92.6300 (14.47%) ($85.9700 - $93.3000) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 54 |
Latest Price | $92.6300(14.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 4.6% a day on average for past five trading days. |
Weekly Trend | NUGT declines -1.1% 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 -2.645% 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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 1.8 () |
Intraday Trend | 7.2% |
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