| NUGT latest price $74.6000 (4.78%) ($72.1000 - $74.9500) on Mon. Aug. 27, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 34 |
Latest Price | $74.6000(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.5% a day on average for past five trading days. |
Weekly Trend | NUGT declines -13.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(96%) SIL(88%) GLD(70%) SLV(59%) BWX(40%) |
Factors Impacting NUGT price | NUGT will decline at least -2.05% in a week (0% probabilities). TBT(-13%) UUP(-8%) VXX(-6%) DRIV(-1%) UNG(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 | -2.05% (StdDev 4.1%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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