| NUGT latest price $34.8800 (0.37%) ($33.8300 - $35.9330) on Wed. Mar. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 65 |
Latest Price | $34.8800(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(98%) SIL(95%) GLD(79%) SLV(79%) SHY(50%) |
Factors Impacting NUGT price | NUGT will decline at least -2.04% in a week (0% probabilities). UUP(-45%) TBT(-35%) VXX(-16%) UNG(-2%) JETS(3%) |
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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 0.2 () |
Intraday Trend | -3% |
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