| NUGT latest price $81.5100 (-12.32%) ($77.8500 - $83.9300) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.44% (three month average) |
RSI | 48 |
Latest Price | $81.5100(-12.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -2.72% in a week (0% probabilities). UUP(-36%) VIXM(-20%) TBT(-12%) 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 | -2.72% (StdDev 5.44%) |
Hourly BBV | -1.1 () |
Intraday Trend | -2.7% |
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