| NUGT latest price $33.1700 (1.34%) ($32.5200 - $34.2200) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 61 |
Latest Price | $33.1700(1.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 5.7% 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(98%) SIL(96%) GLD(83%) SLV(79%) EEM(57%) |
Factors Impacting NUGT price | NUGT will decline at least -2.36% in a week (0% probabilities). UUP(-32%) VIXM(-20%) TBT(-13%) VXX(-9%) UNG(-0%) |
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 | -2.36% (StdDev 4.72%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.1% |
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