| NUGT latest price $38.7700 (0.94%) ($38.0000 - $39.3100) on Mon. Jun. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 30 |
Latest Price | $38.7700(0.94%) |
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 -4.7% a week on average for past two weeks. |
Market Behavior | Normal 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(76%) EMHY(55%) |
Factors Impacting NUGT price | NUGT will decline at least -2.015% in a week (0% probabilities). UUP(-40%) TBT(-38%) VXX(-17%) VIXM(-17%) ARKG(4%) |
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 | -2.015% (StdDev 4.03%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.9% |
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