| NUGT latest price $62.0900 (-0.1%) ($59.3800 - $62.2700) on Fri. Apr. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 54 |
Latest Price | $62.0900(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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% in a week (0% probabilities). UUP(-35%) VIXM(-22%) TBT(-13%) VXX(-10%) IGOV(-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% (StdDev 4%) |
Hourly BBV | 0.7 () |
Intraday Trend | 3.8% |
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