| NUGT latest price $33.2900 (14.75%) ($31.2900 - $33.4800) on Thu. Nov. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.05% (three month average) |
RSI | 66 |
Latest Price | $33.2900(14.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 8.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.1% 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(95%) GLD(81%) SLV(79%) EEM(54%) |
Factors Impacting NUGT price | NUGT will decline at least -3.025% in a week (0% probabilities). UUP(-21%) VIXM(-13%) VXX(-9%) TBT(-5%) UNG(-1%) |
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 | -3.025% (StdDev 6.05%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.2% |
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