| NUGT latest price $33.1000 (-1.16%) ($32.4500 - $33.6300) on Mon. Nov. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.01% (three month average) |
RSI | 67 |
Latest Price | $33.1000(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 4.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 12.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(81%) SLV(78%) EWY(52%) |
Factors Impacting NUGT price | NUGT will decline at least -3.005% in a week (0% probabilities). UUP(-16%) VIXM(-13%) VXX(-9%) TBT(-7%) UNG(-4%) |
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 | -3.005% (StdDev 6.01%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.8% |
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