| NUGT latest price $58.6400 (-3.27%) ($57.8700 - $60.3310) on Thu. Mar. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 70 |
Latest Price | $58.6400(-3.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.2% a week on average for past two weeks. |
Market Behavior | Broad based 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) GDXJ(97%) SIL(95%) GLD(80%) SLV(79%) BWX(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.205% in a week (0% probabilities). UUP(-35%) 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 | -2.205% (StdDev 4.41%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.1% |
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