| NUGT latest price $27.9000 (5.76%) ($27.0500 - $28.0100) on Fri. Sep. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 48 |
Latest Price | $27.9000(5.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -5.9% 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(98%) SIL(96%) GLD(83%) SLV(79%) EEM(57%) |
Factors Impacting NUGT price | NUGT will decline at least -2.325% in a week (0% probabilities). UUP(-31%) VIXM(-19%) TBT(-12%) VXX(-9%) UNG(1%) |
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 | -2.325% (StdDev 4.65%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.7% |
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