| NUGT latest price $70.2900 (4.85%) ($67.6500 - $71.6200) on Mon. Mar. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 65 |
Latest Price | $70.2900(4.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 1.3% a week on average for past two weeks. |
Market Behavior | Normal 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(96%) GLD(80%) SLV(79%) EWY(53%) |
Factors Impacting NUGT price | NUGT will decline at least -2.2% in a week (0% probabilities). UUP(-35%) VIXM(-26%) TBT(-13%) VXX(-10%) UNG(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.2% (StdDev 4.4%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.8% |
| |
|
|