| NUGT latest price $51.6800 (-2.58%) ($50.9400 - $53.0600) on Tue. Aug. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 37 |
Latest Price | $51.6800(-2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -6.9% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.51% in a week (0% probabilities). UUP(-33%) VIXM(-21%) TBT(-14%) VXX(-9%) EDOC(-3%) |
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 | -1.51% (StdDev 3.02%) |
Hourly BBV | -2.1 () |
Intraday Trend | -1.8% |
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