| NUGT latest price $41.3700 (5%) ($39.2700 - $41.8100) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.71% (three month average) |
RSI | 72 |
Latest Price | $41.3700(5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6.7% 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(79%) SLV(77%) EEM(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.855% in a week (0% probabilities). ARKK(-11%) VXX(-9%) VIXM(-8%) BOTZ(-8%) UNG(-7%) |
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 | -2.855% (StdDev 5.71%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.8% |
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