| NUGT latest price $62.3100 (-1.63%) ($61.8600 - $66.7760) on Fri. Jun. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.47% (three month average) |
RSI | 36 |
Latest Price | $62.3100(-1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.1% a day on average for past five trading days. |
Weekly Trend | NUGT declines -3.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(93%) GLD(80%) SLV(77%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -7.235% in a week (0% probabilities). UUP(-38%) VIXM(-24%) VXX(-11%) TBT(-11%) IGOV(-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 | -7.235% (StdDev 14.47%) |
Hourly BBV | -0.9 () |
Intraday Trend | -5% |
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