| NUGT latest price $97.2700 (-2.79%) ($94.9000 - $104.1000) on Tue. Sep. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 62 |
Latest Price | $97.2700(-2.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock 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(93%) GLD(80%) SLV(78%) BWX(47%) |
Factors Impacting NUGT price | NUGT will decline at least -2.64% in a week (0% probabilities). UUP(-37%) VIXM(-22%) VXX(-11%) TBT(-11%) IGOV(-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 | -2.64% (StdDev 5.28%) |
Hourly BBV | -1.7 () |
Intraday Trend | -6.5% |
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