| NUGT latest price $58.3600 (3.04%) ($55.7100 - $58.4400) on Wed. Jul. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 54 |
Latest Price | $58.3600(3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.6% a day on average for past five trading days. |
Weekly Trend | NUGT declines -1.9% a week on average for past two weeks. |
Market Behavior | Normal 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(79%) SLV(79%) BWX(48%) |
Factors Impacting NUGT price | NUGT will decline at least -1.695% in a week (0% probabilities). UUP(-34%) VIXM(-21%) TBT(-13%) VXX(-9%) IGOV(-5%) |
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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 2.8 () |
Intraday Trend | 4.2% |
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