| NUGT latest price $164.3000 (5.8%) ($157.8000 - $165.5600) on Thu. Sep. 19, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.73% (three month average) |
| RSI | 40 |
| Latest Price | $164.3000(5.8%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 1.6% a day on average for past five trading days. |
| Weekly Trend | NUGT declines -13.3% a week on average for past two weeks. |
| Market Behavior | Normal 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(95%) GDXJ(94%) SIL(89%) GLD(69%) SLV(59%) |
| Factors Impacting NUGT price | NUGT will decline at least -3.365% in a week (0% probabilities).
UUP(-38%) VIXM(-17%) TBT(-10%) VXX(-8%) SHY(-4%) |
| 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 | -3.365% (StdDev 6.73%) |
| Hourly BBV | 0 () |
| Intraday Trend | 3.3% |
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