| NUGT latest price $26.6400 (1.33%) ($25.6300 - $26.8600) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 59 |
Latest Price | $26.6400(1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(81%) SLV(79%) EEM(54%) |
Factors Impacting NUGT price | NUGT will decline at least -2.81% in a week (0% probabilities). UUP(-21%) VIXM(-13%) VXX(-9%) TBT(-5%) 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 | -2.81% (StdDev 5.62%) |
Hourly BBV | 1 () |
Intraday Trend | 0.3% |
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