| NUGT latest price $76.1400 (-2.2%) ($75.9000 - $79.9500) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.76% (three month average) |
RSI | 72 |
Latest Price | $76.1400(-2.2%) |
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 9.4% 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(77%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.88% in a week (0% probabilities). UUP(-37%) 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 | -2.88% (StdDev 5.76%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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