| NUGT latest price $33.3200 (2.71%) ($32.4200 - $33.4400) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 34 |
Latest Price | $33.3200(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -4.6% 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(79%) SHY(47%) |
Factors Impacting NUGT price | NUGT will decline at least -1.9% in a week (0% probabilities). UUP(-45%) TBT(-33%) VXX(-15%) EDOC(-15%) UNG(-2%) |
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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.8% |
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