| NUGT latest price $31.4900 (7.29%) ($29.6500 - $32.3000) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 56 |
Latest Price | $31.4900(7.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(98%) SIL(95%) GLD(82%) SLV(79%) EEM(57%) |
Factors Impacting NUGT price | NUGT will decline at least -2.465% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-13%) VXX(-9%) UNG(-0%) |
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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 0.9 () |
Intraday Trend | 5% |
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