| NUGT latest price $53.1700 (1.31%) ($52.7000 - $56.2400) on Fri. Oct. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 84 |
Latest Price | $53.1700(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock 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 -1.64% in a week (0% probabilities). UUP(-33%) VIXM(-21%) TBT(-13%) VXX(-9%) IGOV(-4%) |
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 | -1.64% (StdDev 3.28%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1.9% |
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