| NUGT latest price $141.1000 (-7.11%) ($140.0500 - $147.2000) on Mon. Oct. 28, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.51% (three month average) |
RSI | 37 |
Latest Price | $141.1000(-7.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1% a day on average for past five trading days. |
Weekly Trend | NUGT declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(95%) GDXJ(94%) SIL(89%) GLD(68%) SLV(58%) |
Factors Impacting NUGT price | NUGT will decline at least -3.255% in a week (0% probabilities). UUP(-38%) VIXM(-18%) TBT(-9%) VXX(-8%) SHY(-5%) |
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 | -3.255% (StdDev 6.51%) |
Hourly BBV | 0 () |
Intraday Trend | -4.1% |
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