| NUGT latest price $50.1600 (3.19%) ($47.9510 - $50.7900) on Tue. May. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 33 |
Latest Price | $50.1600(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.9% a day on average for past five trading days. |
Weekly Trend | NUGT declines -5.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(82%) SLV(79%) EEM(54%) |
Factors Impacting NUGT price | NUGT will decline at least -2.25% in a week (0% probabilities). UUP(-34%) VIXM(-23%) TBT(-12%) VXX(-9%) UNG(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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.7% |
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