| NUGT latest price $136.6500 (-1.05%) ($129.0000 - $140.1500) on Wed. Jun. 26, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.63% (three month average) |
| RSI | 78 |
| Latest Price | $136.6500(-1.05%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 3.2% a day on average for past five trading days. |
| Weekly Trend | NUGT advances 19% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal 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 -2.315% in a week (0% probabilities).
UUP(-38%) VIXM(-15%) TBT(-12%) VXX(-7%) SHY(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.315% (StdDev 4.63%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.6% |
| | |
| |
|