| NUGT latest price $47.0400 (1.25%) ($45.6900 - $48.0440) on Wed. Apr. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 82 |
Latest Price | $47.0400(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 9.5% a week on average for past two weeks. |
Market Behavior | Normal 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(78%) SLV(77%) EEM(49%) |
Factors Impacting NUGT price | NUGT will decline at least -2.03% in a week (0% probabilities). UUP(-43%) TBT(-35%) VXX(-10%) VIXM(-10%) EDOC(-5%) |
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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.2% |
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