| NUGT latest price $59.0400 (7.4%) ($55.6200 - $59.9700) on Thu. Feb. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.22% (three month average) |
RSI | 80 |
Latest Price | $59.0400(7.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 10.3% 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(80%) SLV(79%) BWX(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.11% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-14%) VXX(-8%) EDOC(-2%) |
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 | -2.11% (StdDev 4.22%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.8% |
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