| NUGT latest price $31.7700 (-0.35%) ($31.7300 - $33.2300) on Fri. Oct. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 84 |
Latest Price | $31.7700(-0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 11.4% 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(98%) SIL(95%) SLV(79%) GLD(78%) XME(63%) |
Factors Impacting NUGT price | NUGT will decline at least -1.66% in a week (0% probabilities). UUP(-31%) TBT(-27%) URA(-8%) UNG(-4%) SMH(7%) |
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 | -1.66% (StdDev 3.32%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.4% |
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