| NUGT latest price $39.9200 (6.77%) ($37.6200 - $40.6500) on Thu. Jun. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 35 |
Latest Price | $39.9200(6.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.4% a day on average for past five trading days. |
Weekly Trend | NUGT declines -7.9% 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(98%) SIL(95%) GLD(77%) SLV(76%) EMHY(54%) |
Factors Impacting NUGT price | NUGT will decline at least -2.005% in a week (0% probabilities). UUP(-41%) TBT(-38%) VXX(-18%) VIXM(-17%) ARKG(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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.7% |
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