| NUGT latest price $35.6100 (2.56%) ($35.2400 - $36.1200) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 48 |
Latest Price | $35.6100(2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.1% 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) GDXJ(99%) IWN(92%) REMX(90%) SIL(96%) IFRA(95%) |
Factors Impacting NUGT price | NUGT will decline at least -2.01% in a week (0% probabilities). TBT(-35%) UUP(-22%) VIXM(-12%) URA(-4%) VXX(1%) |
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 | -2.01% (StdDev 4.02%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0.3% |
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