| NUGT latest price $49.9600 (3.61%) ($47.9300 - $49.9600) on Wed. Jan. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 54 |
Latest Price | $49.9600(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.1% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(80%) SLV(79%) BWX(49%) |
Factors Impacting NUGT price | NUGT will decline at least -1.595% in a week (0% probabilities). UUP(-33%) VIXM(-21%) TBT(-14%) VXX(-9%) EDOC(0%) |
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 | -1.595% (StdDev 3.19%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3% |
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