| NUGT latest price $71.5000 (4.67%) ($68.5000 - $71.5000) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 59 |
Latest Price | $71.5000(4.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(78%) BWX(48%) |
Factors Impacting NUGT price | NUGT will decline at least -2.37% in a week (0% probabilities). UUP(-36%) VIXM(-21%) TBT(-11%) VXX(-10%) EDOC(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 | -2.37% (StdDev 4.74%) |
Hourly BBV | 1.8 () |
Intraday Trend | 4.3% |
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