| NUGT latest price $60.7300 (3.78%) ($56.9100 - $61.2200) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.33% (three month average) |
RSI | 24 |
Latest Price | $60.7300(3.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -13.5% 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(96%) GLD(82%) SLV(80%) EEM(55%) |
Factors Impacting NUGT price | NUGT will decline at least -2.165% in a week (0% probabilities). UUP(-35%) VIXM(-25%) TBT(-12%) VXX(-9%) UNG(3%) |
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 | -2.165% (StdDev 4.33%) |
Hourly BBV | 2 () |
Intraday Trend | 4% |
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