| NUGT latest price $31.1300 (1.97%) ($29.4600 - $31.4600) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 45 |
Latest Price | $31.1300(1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally 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(57%) |
Factors Impacting NUGT price | NUGT will decline at least -2.46% in a week (0% probabilities). UUP(-32%) VIXM(-20%) TBT(-13%) VXX(-9%) EDOC(-9%) |
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 | -2.46% (StdDev 4.92%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.4% |
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