| NUGT latest price $32.6500 (3.55%) ($31.1000 - $32.6500) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 51 |
Latest Price | $32.6500(3.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -0.1% 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(97%) SIL(95%) GLD(77%) SLV(76%) XME(58%) |
Factors Impacting NUGT price | NUGT will decline at least -1.805% in a week (0% probabilities). UUP(-35%) TBT(-34%) IGOV(-5%) EDOC(-5%) VIXM(-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 | -1.805% (StdDev 3.61%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.4% |
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