| NUGT latest price $43.6100 (4.01%) ($41.5500 - $44.2700) on Mon. Apr. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 76 |
Latest Price | $43.6100(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 8.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(78%) SLV(77%) EEM(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.06% in a week (0% probabilities). UUP(-43%) TBT(-35%) VXX(-10%) VIXM(-10%) EDOC(-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 | -2.06% (StdDev 4.12%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.1% |
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