Trading Signals: NUGT Stock Price Prediction and Forecast

^ NUGT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Mar. 24, 2021

Trading Signals: NUGT Stock Price Prediction and Forecast (Wed. Dec. 8, 2010 - Fri. Dec. 22, 2023)

(Direxion Daily Gold Miners Bull 3X ETF)
NUGT latest price $54.0100 (-1.96%) ($53.8860 - $55.5200) on Wed. Mar. 24, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.39% (three month average)
RSI   61
Latest Price   $54.0100(-1.96%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NUGT declines -2.3% a day on average for past five trading days.
Weekly Trend   NUGT advances 3.5% a week on average for past two weeks.
Market Behavior   Growth stock 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 -2.195% in a week (0% probabilities).
UUP(-35%)    VIXM(-22%)    TBT(-13%)    VXX(-10%)    EDOC(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.195% (StdDev 4.39%)
Hourly BBV -1.1 ()
Intraday Trend -2%

Resistance Level   $55.09
5 Day Moving Average   $57.05(-5.33%)
10 Day Moving Average   $57.57(-6.18%)
20 Day Moving Average   $55.09(-1.96%)
To recent high   -31.7%
To recent low   8.3%
Market Cap   $N/A

Average daily price decay: -0.02%

$. NUGT is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. NUGT price fluctuates within 5.97% (three month std-dev: 4.39%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210424

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_24_2021	65.45	55.09	57.57	57.05	57.04	55.31	54.01(-1.96%)	CR	SmallShort	-20	-0.9	-22	-210	-40	32	1.93	47%	-0.49	-5.7	4.39%	-1.1	-0.3	61	1
2	Mar_23_2021	65.77	55.35	57.71	58.37	58.05	57.27	55.09(-5.42%)	N/A	N/A	0	-1	-4	-110	-27	66	2.82	47%	-0.41	7.3	4.38%	-1.7	-0.1	64	1.1
3	Mar_22_2021	66.04	55.5	57.68	58.99	58.8	58.76	58.25(-1.67%)	UD	OpenLong	65	-0.2	22	-10	-1	90	2.05	47%	-0.29	8.5	4.35%	-1.4	0.8	63	1.9
4	Mar_19_2021	66.23	55.6	57.03	59.1	58.75	58.83	59.24(1.02%)	UT	OpenLong	75	0	29	-10	5	100	2.33	47%	-0.24	6.6	4.38%	0.2	1	73	1.6
5	Mar_18_2021	66.39	55.42	56.36	58.6	58.51	58.85	58.64(-3.27%)	UD	OpenLong	75	0	34	40	11	103	2.98	47%	-0.23	-7.1	4.41%	0.2	0.9	70	1.2

6	Mar_17_2021	66.54	55.28	55.62	58.18	57.63	58.67	60.62(4.12%)	UT	OpenLong	75	0.7	39	100	20	94	4.39	50%	-0.33	-22.1	4.42%	3.1	1.6	60	2.1
7	Mar_16_2021	66.76	55.11	54.65	56.98	56.85	58.17	58.22(-0.92%)	UD	OpenLong	75	0.4	39	160	31	62	2.4	50%	-0.34	-40.4	4.48%	0.8	0.9	46	1.9
8	Mar_15_2021	66.99	55.2	54.13	56.16	55.87	56.59	58.76(3.56%)	UT	OpenLong	75	0.7	32	70	30	39	2.73	52%	-0.37	-51.8	4.51%	1.5	1	49	2.4
9	Mar_12_2021	67.24	55.37	53.22	54.65	55.02	55.54	56.74(0.32%)	N/A	N/A	0	0.5	10	90	17	-12	2.48	52%	-0.43	-56.9	4.54%	1.1	0.4	41	1.8
10	Mar_11_2021	67.53	55.66	52.57	53.79	54.09	55.16	56.56(3.57%)	N/A	N/A	0	0.7	10	160	24	-34	2.58	52%	-0.47	-54.2	4.58%	1.7	0.2	51	1.5

11	Mar_10_2021	67.85	56.05	52.31	52.68	53	54.5	54.61(0.85%)	N/A	N/A	0	0.4	8	220	28	-52	2.87	52%	-0.47	-53.2	4.56%	0.7	-0.3	48	1.2
12	Mar_9_2021	68.17	56.53	52.7	51.98	52.18	53.02	54.15(5.8%)	N/A	N/A	0	0.4	3	120	24	-60	3.81	50%	-0.47	-52.2	4.55%	1.5	-0.5	45	1.2
13	Mar_8_2021	68.49	57.05	53.05	51.82	51.22	51.5	51.18(-2.42%)	DT	HoldShort	-50	-0.1	-17	0	3	-77	2.59	48%	-0.55	-52.2	4.54%	0.5	-1.1	36	0.4
14	Mar_5_2021	68.87	57.65	54.01	51.56	51.31	51.35	52.45(2.78%)	DP	OpenShort	-65	0.2	-14	-10	9	-82	3.55	50%	-0.55	-54.7	4.58%	1.5	-1	34	0.6
15	Mar_4_2021	69.25	58.05	54.38	51.14	51.12	50.94	51.03(-0.12%)	DT	OpenShort	-75	-0	-36	-30	-11	-109	4.84	50%	-0.62	-61.1	4.61%	-0.3	-1.4	31	-0.4

16	Mar_3_2021	69.68	58.67	54.94	51.88	51.29	51.28	51.09(-4.24%)	DT	OpenShort	-75	-0.2	-48	-40	-23	-123	4.3	50%	-0.57	-57.9	4.61%	-0.3	-1.5	30	0.3
17	Mar_2_2021	70.08	59.29	55.65	53.56	52.66	51.31	53.35(6.98%)	DP	OpenShort	-75	-0	-43	-230	-18	-116	4.12	50%	-0.57	-54.6	4.59%	1.7	-1.3	33	1
18	Mar_1_2021	70.48	59.97	56.39	54.56	54.18	51.3	49.87(-0.95%)	DT	HoldShort	-65	-1	-79	-390	-61	-133	3.08	51%	-0.61	-47.8	4.49%	-0.9	-2.1	24	1
19	Feb_26_2021	70.91	60.67	57.76	56.84	56.12	54.01	50.35(-8.02%)	DT	OpenShort	-75	-1.6	-67	-300	-55	-102	5.31	51%	-0.49	-44	4.55%	-1.4	-2.5	31	0.5
20	Feb_25_2021	71.26	61.35	59.13	58.01	58.07	57.06	54.74(-8%)	DT	OpenShort	-75	-1	-29	-120	-16	-68	4.21	54%	-0.38	-50.9	4.47%	-1.9	-2	43	0.2

21	Feb_24_2021	71.53	61.67	60.18	58.33	58.21	58.23	59.5(1.97%)	DP	OpenShort	-75	0.4	-19	-0	-6	-58	2.58	55%	-0.31	-67.4	4.37%	0.4	-0.7	45	1.4
22	Feb_23_2021	71.75	61.95	60.69	58.03	57.98	59.08	58.35(-4.77%)	DP	OpenShort	-65	0.1	-9	130	6	-53	3.13	51%	-0.4	-68.5	4.42%	0	-1.2	42	1.3
23	Feb_22_2021	72.04	62.31	61.36	58.55	57.94	58.18	61.27(9.06%)	DP	OpenShort	-65	0.9	-7	-0	7	-50	4.24	53%	-0.33	-62.6	4.51%	1.9	-0.4	40	1.1
24	Feb_19_2021	72.28	62.51	61.51	59	58.46	56.89	56.18(-0.3%)	DT	OpenShort	-75	-0.9	-39	-220	-31	-62	2.47	50%	-0.43	-60.5	4.36%	-1.3	-2.1	40	1.5
25	Feb_18_2021	72.59	63.09	61.99	60.49	60.02	57.7	56.35(-2.86%)	DT	OpenShort	-75	-1.5	-55	-290	-53	-60	2.93	47%		-51.8	4.36%	-1.1	-2.4	40	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.