| NUGT latest price $31.9300 (3.7%) ($30.4340 - $31.9900) on Tue. Oct. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 69 |
Latest Price | $31.9300(3.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 8.2% a week on average for past two weeks. |
Market Behavior | Value stock 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%) SLV(79%) GLD(77%) XME(63%) |
Factors Impacting NUGT price | NUGT will decline at least -1.715% in a week (0% probabilities). UUP(-31%) TBT(-29%) URA(-9%) UNG(-2%) SMH(6%) |
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 | -1.715% (StdDev 3.43%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.7% |
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