| NUGT latest price $35.2000 (0.74%) ($34.1500 - $35.2000) on Thu. Nov. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 83 |
Latest Price | $35.2000(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 10.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GLD(96%) SIL(95%) JNK(66%) GDXJ(98%) SLV(79%) |
Factors Impacting NUGT price | NUGT will decline at least -1.775% in a week (0% probabilities). UUP(-26%) TBT(-25%) EDOC(-20%) VIXM(-17%) VXX(-8%) |
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 | -1.775% (StdDev 3.55%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.9% |
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