| NUGT latest price $29.5000 (2.5%) ($28.6800 - $30.4650) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 44 |
Latest Price | $29.5000(2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.4% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.4% a week on average for past two weeks. |
Market Behavior | Normal 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(96%) GLD(87%) SLV(78%) XME(73%) |
Factors Impacting NUGT price | NUGT will decline at least -1.715% in a week (0% probabilities). UUP(-30%) TBT(-21%) VIXM(-4%) VXX(-3%) URA(-0%) |
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 | 1.1 () |
Intraday Trend | 2% |
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