| NUGT latest price $113.2600 (0.27%) ($110.8600 - $119.8000) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 76 |
Latest Price | $113.2600(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7% 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(81%) SLV(78%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.445% in a week (0% probabilities). UUP(-37%) VIXM(-23%) VXX(-11%) TBT(-11%) IGOV(-8%) |
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 | -2.445% (StdDev 4.89%) |
Hourly BBV | 0.9 () |
Intraday Trend | -3.7% |
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