| NUGT latest price $36.2400 (2.95%) ($34.7200 - $36.4800) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 91 |
Latest Price | $36.2400(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.1% 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 rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) SPY(99%) GDXJ(97%) SIL(95%) GLD(94%) SLV(79%) |
Factors Impacting NUGT price | NUGT will decline at least -1.79% in a week (0% probabilities). TBT(-27%) UUP(-26%) VIXM(-16%) VXX(-8%) URA(-4%) |
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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 2.1 () |
Intraday Trend | 3.6% |
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