| NUGT latest price $48.6900 (-1.22%) ($48.1000 - $49.7600) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 66 |
Latest Price | $48.6900(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 1.8% 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(96%) GLD(82%) SLV(79%) EEM(55%) |
Factors Impacting NUGT price | NUGT will decline at least -2.17% in a week (0% probabilities). UUP(-34%) VIXM(-22%) TBT(-13%) 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 | -2.17% (StdDev 4.34%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0% |
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