| NUGT latest price $34.1800 (-1.95%) ($33.8800 - $34.9110) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 59 |
Latest Price | $34.1800(-1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.6% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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) SIL(97%) IFRA(91%) IWO(89%) IWM(86%) IWN(86%) |
Factors Impacting NUGT price | NUGT will decline at least -1.995% in a week (0% probabilities). TBT(-42%) UUP(-25%) EDOC(-25%) VIXM(-9%) URA(-3%) |
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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.2% |
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