| NUGT latest price $60.5200 (-1.53%) ($60.3400 - $64.0100) on Wed. Aug. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 46 |
Latest Price | $60.5200(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -1.63% in a week (0% probabilities). UUP(-34%) VIXM(-21%) TBT(-14%) 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 | -1.63% (StdDev 3.26%) |
Hourly BBV | -0.6 () |
Intraday Trend | -4.3% |
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