| NUGT latest price $37.4400 (3.43%) ($36.2400 - $38.9790) on Wed. Mar. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 63 |
Latest Price | $37.4400(3.43%) |
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 9.1% 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(98%) SIL(95%) GLD(79%) SLV(79%) SHY(50%) |
Factors Impacting NUGT price | NUGT will decline at least -2.135% in a week (0% probabilities). UUP(-44%) TBT(-35%) UNG(-3%) VXX(1%) VIXM(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 | -2.135% (StdDev 4.27%) |
Hourly BBV | 0.5 () |
Intraday Trend | 2.9% |
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