| NUGT latest price $29.7400 (11.64%) ($26.4500 - $30.4800) on Tue. Nov. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.76% (three month average) |
RSI | 68 |
Latest Price | $29.7400(11.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stock 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 -2.88% 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 | -2.88% (StdDev 5.76%) |
Hourly BBV | 1.5 () |
Intraday Trend | 11.5% |
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