| NUGT latest price $34.9300 (9.4%) ($32.4890 - $34.9900) on Tue. Nov. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 68 |
Latest Price | $34.9300(9.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(92%) SLV(78%) XME(72%) |
Factors Impacting NUGT price | NUGT will decline at least -1.785% in a week (0% probabilities). SMH(-34%) EDOC(-28%) UUP(-25%) TBT(-25%) VIXM(-18%) |
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 | -1.785% (StdDev 3.57%) |
Hourly BBV | 1.7 () |
Intraday Trend | 6.9% |
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