| NUGT latest price $43.1000 (3.66%) ($41.4200 - $43.4200) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 70 |
Latest Price | $43.1000(3.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 9.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(97%) SIL(95%) GLD(80%) SLV(77%) EEM(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.78% in a week (0% probabilities). UUP(-47%) TBT(-34%) VXX(-15%) VIXM(-4%) UNG(-3%) |
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 | -2.78% (StdDev 5.56%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.1% |
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