| NUGT latest price $48.6900 (-1.64%) ($45.6200 - $49.1400) on Mon. Jan. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 51 |
Latest Price | $48.6900(-1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.4% 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(95%) GLD(80%) SLV(79%) BWX(49%) |
Factors Impacting NUGT price | NUGT will decline at least -1.8% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-14%) VXX(-8%) EDOC(-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 | -1.8% (StdDev 3.6%) |
Hourly BBV | -0.7 () |
Intraday Trend | -6.8% |
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