| NUGT latest price $78.1500 (9.38%) ($73.0500 - $78.8500) on Mon. May. 13, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.24% (three month average) |
| RSI | 50 |
| Latest Price | $78.1500(9.38%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 1.7% a day on average for past five trading days. |
| Weekly Trend | NUGT declines -3.2% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability)
GDX(96%) GDXJ(94%) SIL(89%) GLD(70%) SLV(59%) |
| Factors Impacting NUGT price | NUGT will decline at least -2.12% in a week (0% probabilities).
UUP(-38%) TBT(-13%) VXX(-6%) DRIV(-1%) UNG(-0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.12% (StdDev 4.24%) |
| Hourly BBV | 0 () |
| Intraday Trend | 4.1% |
| | |
| |
|