| NUGT latest price $29.4200 (3.26%) ($27.8500 - $29.7920) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 36 |
Latest Price | $29.4200(3.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT declines -6% 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(82%) SLV(79%) EEM(57%) |
Factors Impacting NUGT price | NUGT will decline at least -2.455% in a week (0% probabilities). UUP(-32%) VIXM(-20%) TBT(-13%) VXX(-9%) EDOC(-9%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2.6% |
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