| NUGT latest price $49.1900 (2.27%) ($47.5940 - $49.1900) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.76% (three month average) |
RSI | 39 |
Latest Price | $49.1900(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.5% a day on average for past five trading days. |
Weekly Trend | NUGT declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(80%) SLV(79%) BWX(49%) |
Factors Impacting NUGT price | NUGT will decline at least -1.88% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-14%) VXX(-8%) EDOC(-1%) |
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 | -1.88% (StdDev 3.76%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.8% |
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