| NUGT latest price $70.5200 (-3.33%) ($68.5100 - $74.2000) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.35% (three month average) |
RSI | 58 |
Latest Price | $70.5200(-3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -3.175% 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 | -3.175% (StdDev 6.35%) |
Hourly BBV | -1 () |
Intraday Trend | -2.1% |
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