| NUGT latest price $56.8100 (-1.95%) ($55.9300 - $59.4900) on Tue. Feb. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 71 |
Latest Price | $56.8100(-1.95%) |
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 10.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.105% in a week (0% probabilities). UUP(-33%) VIXM(-21%) TBT(-13%) VXX(-9%) EDOC(-2%) |
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 | -2.105% (StdDev 4.21%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.1% |
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