| NUGT latest price $54.5600 (4.34%) ($52.4120 - $55.4500) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.43% (three month average) |
RSI | 47 |
Latest Price | $54.5600(4.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -3.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(48%) |
Factors Impacting NUGT price | NUGT will decline at least -2.215% in a week (0% probabilities). UUP(-35%) VIXM(-21%) TBT(-13%) VXX(-10%) IGOV(-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 | -2.215% (StdDev 4.43%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.7% |
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