| NUGT latest price $69.5700 (0.14%) ($67.6210 - $70.4400) on Thu. May. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 55 |
Latest Price | $69.5700(0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 5.1% 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(95%) GLD(79%) SLV(79%) BWX(48%) |
Factors Impacting NUGT price | NUGT will decline at least -1.95% in a week (0% probabilities). UUP(-35%) VIXM(-22%) TBT(-12%) VXX(-10%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.95% (StdDev 3.9%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0.9% |
| |
|
|