| NUGT latest price $71.4100 (3.49%) ($69.8800 - $71.9800) on Fri. May. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 59 |
Latest Price | $71.4100(3.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.4% a day on average for past five trading days. |
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(95%) GLD(80%) SLV(79%) BWX(48%) |
Factors Impacting NUGT price | NUGT will decline at least -1.94% in a week (0% probabilities). UUP(-35%) VIXM(-22%) TBT(-12%) VXX(-10%) IGOV(-5%) |
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 | -1.94% (StdDev 3.88%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
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