| NUGT latest price $49.4500 (-4.81%) ($49.1500 - $51.6100) on Fri. Jun. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 64 |
Latest Price | $49.4500(-4.81%) |
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 3.5% 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(96%) GLD(82%) SLV(79%) EEM(55%) |
Factors Impacting NUGT price | NUGT will decline at least -2.255% in a week (0% probabilities). UUP(-34%) VIXM(-22%) TBT(-13%) VXX(-9%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.255% (StdDev 4.51%) |
Hourly BBV | -0.2 () |
Intraday Trend | -2.1% |
| |
|
|