| NUGT latest price $40.4900 (3.74%) ($39.3500 - $41.3500) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 68 |
Latest Price | $40.4900(3.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.9% a day on average for past five trading days. |
Weekly Trend | NUGT advances 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%) SLV(78%) GLD(77%) BWX(62%) |
Factors Impacting NUGT price | NUGT will decline at least -1.755% in a week (0% probabilities). UUP(-40%) TBT(-39%) VIXM(-16%) VXX(-15%) EDOC(3%) |
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 | -1.755% (StdDev 3.51%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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