| NUGT latest price $28.6900 (2.83%) ($28.3200 - $29.2900) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 50 |
Latest Price | $28.6900(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.7% a day on average for past five trading days. |
Weekly Trend | NUGT declines -4.1% 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(82%) SLV(79%) EEM(58%) |
Factors Impacting NUGT price | NUGT will decline at least -2.25% in a week (0% probabilities). UUP(-31%) VIXM(-20%) TBT(-11%) 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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.5% |
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