| NUGT latest price $41.7400 (-2.68%) ($41.6900 - $44.1800) on Wed. Jun. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 42 |
Latest Price | $41.7400(-2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.5% a day on average for past five trading days. |
Weekly Trend | NUGT declines -7.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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 -2.37% in a week (0% probabilities). UUP(-34%) VIXM(-22%) TBT(-13%) VXX(-9%) UNG(3%) |
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 | -2.37% (StdDev 4.74%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.6% |
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