Trading Signals: NUGT Stock Price Prediction and Forecast

^ NUGT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Jan. 3, 2023

Trading Signals: NUGT Stock Price Prediction and Forecast (Wed. Dec. 8, 2010 - Fri. Dec. 22, 2023)

(Direxion Daily Gold Miners Bull 3X ETF)
NUGT latest price $36.7400 (6.59%) ($35.8300 - $37.7400) on Tue. Jan. 3, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.64% (three month average)
RSI   56
Latest Price   $36.7400(6.59%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NUGT advances 0.9% a day on average for past five trading days.
Weekly Trend   NUGT advances 1.2% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support NUGT advance at 0% a week (0% probability)
GDXJ(97%)    SIL(95%)    GLD(80%)    SLV(77%)    EEM(50%)
Factors Impacting NUGT price   NUGT will decline at least -2.82% in a week (0% probabilities).
ARKK(-12%)    VXX(-9%)    VIXM(-8%)    BOTZ(-8%)    VCSH(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.82% (StdDev 5.64%)
Hourly BBV 1.5 ()
Intraday Trend 2.1%

5 Day Moving Average   $35.51(3.46%)
10 Day Moving Average   $35.07(4.76%)
20 Day Moving Average   $34.98(5.03%)
To recent high   -1.6%
To recent low   67.3%
Market Cap   $N/A

Average daily price decay: -0.03%

$. NUGT is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. NUGT price fluctuates within 3.29% (three month std-dev: 5.64%) daily (68% of days).

Sample size 20 Average positive next day return: 2.06%(45%) Average negative next day return: -2.88%(55%) Sample size 20 Average positive next three day return: 3.24%(40%) Average negative next three day return: -3.4%(60%) Sample size 20 Average positive next weekly return: 5.19%(40%) Average negative next weekly return: -4.64%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230203

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_3_2023	29.04	34.98	35.07	35.51	35.39	35.55	36.74(6.59%)	UT	OpenLong	75	1.1	12	20	10	16	3.49	65%	0.03	20.4	5.64%	1.5	1.5	56	-0.1
2	Dec_30_2022	29.03	34.96	34.74	35.2	35.33	34.85	34.47(-1.23%)	N/A	N/A	0	-0.6	-3	-80	-4	2	2.5	64%	0.07	25.2	5.66%	-0.9	-0.4	50	1
3	Dec_29_2022	29.01	35.1	34.62	35.26	35.44	35.22	34.9(0.84%)	DP	OpenShort	-75	-0.3	-5	-30	-5	-5	1.93	64%	0.07	36.3	5.67%	0	-0.2	48	-57.9
4	Dec_28_2022	28.99	35.11	34.74	35.39	35.22	35.8	34.61(-6.08%)	UD	OpenLong	75	-0.6	1	100	1	1	2.22	67%	0.07	46.5	5.67%	-1.2	-0.4	48	1.3
5	Dec_27_2022	28.97	35.03	34.91	35.42	35.29	35.65	36.85(4.81%)	UT	OpenLong	75	1.1	19	60	20	15	2.57	69%	0.07	51.3	5.85%	1.3	1.4	59	1.2

6	Dec_23_2022	28.95	34.75	34.67	34.55	34.75	34.64	35.16(1.09%)	N/A	N/A	0	0.4	1	-0	3	-5	2.66	63%	0.14	28.4	5.84%	0.3	0.3	54	1.3
7	Dec_22_2022	28.91	34.68	34.63	34.22	34.29	34.92	34.78(-2.17%)	N/A	N/A	0	0.4	0	130	5	-15	3.28	63%	0.17	31.1	6.01%	-0.7	0.1	44	1.8
8	Dec_21_2022	28.86	34.65	34.71	33.88	34.02	34.86	35.55(2.27%)	N/A	N/A	0	1.1	3	190	11	-22	2.4	63%	0.17	32.9	6%	0.9	0.6	44	1.6
9	Dec_20_2022	28.81	34.54	34.7	34.02	33.55	33.65	34.76(6.92%)	DP	OpenShort	-75	0.5	-8	-20	-2	-24	4.24	62%	0.14	37.6	6%	1.4	0.1	51	1
10	Dec_19_2022	28.77	34.36	34.66	34.38	34.05	33.18	32.51(-2.93%)	DT	OpenShort	-75	-1.1	-13	-210	-11	-19	2.71	60%	0.03	34	5.99%	-2.3	-1.1	53	1.8

11	Dec_16_2022	28.76	34.32	34.89	34.8	34.99	33.45	33.49(1.27%)	DP	OpenShort	-75	-0.7	-13	-290	-16	-5	2.92	60%	0.1	33.4	5.99%	-0.4	-0.4	62	0.6
12	Dec_15_2022	28.73	34.2	35.23	35.08	35.23	34.92	33.07(-8.85%)	CR	SmallShort	-20	-1	-15	-50	-21	5	4.11	59%	0.14	29.2	5.99%	-1.6	-0.6	51	-0.8
13	Dec_14_2022	28.69	34.15	35.66	35.61	35.78	36.54	36.28(-0.71%)	UD	OpenLong	75	0.3	16	160	10	35	3.6	61%	0.28	42.5	5.93%	0.6	1	57	-0.4
14	Dec_13_2022	28.61	33.96	35.53	35.47	35.74	35.54	36.54(5.61%)	UT	OpenLong	75	0.5	17	-20	10	39	3.81	59%	0.32	47.9	5.93%	0.7	1.3	60	-0.4
15	Dec_12_2022	28.52	33.77	35.17	35.03	35.38	35.02	34.6(-0.86%)	UD	OpenLong	65	-0.2	2	-40	-8	30	2.64	59%	0.21	60	5.99%	-0.9	0.4	63	-1.9

16	Dec_9_2022	28.46	33.71	34.85	35.01	35.57	35.93	34.9(-2.3%)	UD	OpenLong	65	-0.1	8	120	-1	33	3.46	60%	0.14	78.6	5.99%	-0.5	0.6	62	-0.8
17	Dec_8_2022	28.42	33.63	34.75	35.41	35.41	35.74	35.72(0.34%)	UT	OpenLong	75	0.2	13	70	1	50	2.7	60%	0.25	116.8	6.02%	0.3	1.1	66	-0.1
18	Dec_7_2022	28.35	33.3	34.6	35.73	35.47	35.21	35.6(3.64%)	UT	OpenLong	75	-0.1	16	-70	0	64	3.3	61%	0.18	128.3	6.02%	1.4	1.1	61	-0.5
19	Dec_6_2022	28.3	33.01	34.35	35.61	35.84	35.09	34.35(-0.35%)	UD	OpenLong	65	-0.6	16	-130	-1	66	3.02	61%	0.18	133.8	6.06%	-1	0.6	57	-0.2
20	Dec_5_2022	28.25	32.65	34.04	35.3	35.66	35.72	34.47(-6.59%)	UD	OpenLong	75	-0.3	17	40	3	57	3.56	61%	0.14	114.9	6.07%	-1.9	0.7	54	0.5

21	Dec_2_2022	28.21	32.27	33.73	34.6	34.96	36.59	36.9(-1.13%)	UD	OpenLong	75	0.8	26	360	19	46	2.04	64%	0.28	95.9	6.05%	0.9	1.7	59	0.6
22	Dec_1_2022	28.13	31.54	33.1	33.97	33.95	35.59	37.32(6.57%)	UT	OpenLong	75	1	29	340	28	32	2.98	63%	0.14	67.9	6.08%	1.3	1.7	60	0.8
23	Nov_30_2022	28.09	30.84	32.5	33.36	33.18	33.34	35.02(6.74%)	UT	OpenLong	75	0.5	16	20	13	24	3.67	61%	0.14	54.4	6.07%	2.2	1.2	68	0.9
24	Nov_29_2022	28.05	30.39	32.2	32.99	33.04	32.3	32.81(6.08%)	UD	OpenLong	65	-0.1	4	-150	-2	20	2.8	60%	0	52.6	6.05%	0.1	0.7	61	1.4
25	Nov_28_2022	28.05	30.01	32.22	32.59	32.98	33.02	30.93(-8.41%)	UD	OpenLong	65	-0.5	4	40	-5	31	3.39	59%		48.5	6.02%	-2.2	0.3	67	1.4
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.