| NUGT latest price $78.1800 (6.27%) ($72.2000 - $78.4000) on Tue. Jun. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.86% (three month average) |
RSI | 58 |
Latest Price | $78.1800(6.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6.6% 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) GDXJ(97%) SIL(94%) GLD(80%) SLV(77%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.93% in a week (0% probabilities). UUP(-38%) VIXM(-24%) VXX(-11%) TBT(-11%) IYT(1%) |
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 | -2.93% (StdDev 5.86%) |
Hourly BBV | 1.6 () |
Intraday Trend | 6.8% |
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