| NUGT latest price $28.3700 (1.61%) ($27.7700 - $28.5400) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 31 |
Latest Price | $28.3700(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.5% a day on average for past five trading days. |
Weekly Trend | NUGT declines -6.5% 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(80%) GLD(79%) XME(65%) |
Factors Impacting NUGT price | NUGT will decline at least -1.73% in a week (0% probabilities). EDOC(-41%) UUP(-32%) TBT(-27%) URA(0%) UNG(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 | -1.73% (StdDev 3.46%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.7% |
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