| NUGT latest price $50.2800 (4.62%) ($48.6930 - $51.8900) on Thu. May. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 51 |
Latest Price | $50.2800(4.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 0.3% 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(77%) SLV(77%) XME(51%) |
Factors Impacting NUGT price | NUGT will decline at least -1.91% in a week (0% probabilities). UUP(-41%) TBT(-35%) VIXM(-12%) VXX(-11%) EDOC(-1%) |
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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.1% |
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