| NUGT latest price $72.9500 (3.01%) ($71.8300 - $74.8100) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.74% (three month average) |
RSI | 62 |
Latest Price | $72.9500(3.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.7% 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) GDXJ(97%) SIL(93%) GLD(80%) SLV(76%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -3.87% in a week (0% probabilities). UUP(-38%) VIXM(-24%) VXX(-11%) TBT(-11%) IYT(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 | -3.87% (StdDev 7.74%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
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