| NUGT latest price $32.7500 (2.12%) ($32.1000 - $33.6550) on Wed. Sep. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 48 |
Latest Price | $32.7500(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2% 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(97%) SIL(95%) GLD(77%) SLV(77%) XME(60%) |
Factors Impacting NUGT price | NUGT will decline at least -1.67% in a week (0% probabilities). UUP(-33%) TBT(-31%) VIXM(-1%) UNG(3%) VXX(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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 0.4 () |
Intraday Trend | 2% |
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