| NUGT latest price $39.8800 (-0.05%) ($37.8800 - $39.8800) on Mon. Mar. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 81 |
Latest Price | $39.8800(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 11.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(77%) SLV(77%) EEM(48%) |
Factors Impacting NUGT price | NUGT will decline at least -2.12% in a week (0% probabilities). UUP(-43%) TBT(-35%) VXX(-7%) VIXM(-6%) UNG(-5%) |
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 | -2.12% (StdDev 4.24%) |
Hourly BBV | 0.5 () |
Intraday Trend | 4.3% |
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