| NUGT latest price $56.5600 (3.57%) ($54.8900 - $56.7400) on Thu. Mar. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 51 |
Latest Price | $56.5600(3.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.1% a day on average for past five trading days. |
Weekly Trend | NUGT declines -3.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(97%) SIL(95%) GLD(80%) SLV(79%) BWX(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.29% in a week (0% probabilities). UUP(-36%) VIXM(-22%) TBT(-13%) VXX(-10%) IGOV(0%) |
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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.2% |
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