| NUGT latest price $58.7600 (3.56%) ($56.9500 - $58.9000) on Mon. Mar. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 49 |
Latest Price | $58.7600(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -2.255% 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 | -2.255% (StdDev 4.51%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.5% |
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