| NUGT latest price $62.1500 (4.54%) ($61.0700 - $62.4700) on Thu. Apr. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 56 |
Latest Price | $62.1500(4.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -2.015% in a week (0% probabilities). UUP(-35%) VIXM(-22%) TBT(-13%) VXX(-10%) EDOC(-2%) |
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 | -2.015% (StdDev 4.03%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.2% |
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