| NUGT latest price $58.2100 (6.69%) ($55.6010 - $58.2100) on Thu. Apr. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 53 |
Latest Price | $58.2100(6.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.7% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.8% a week on average for past two weeks. |
Market Behavior | Broad based 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 -2.24% in a week (0% probabilities). UUP(-35%) VIXM(-22%) 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 | -2.24% (StdDev 4.48%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.9% |
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