| NUGT latest price $47.3200 (0.6%) ($45.4700 - $47.4900) on Thu. Apr. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 77 |
Latest Price | $47.3200(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.3% 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 | Growth stock rally for large cap. Normal 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 -2.01% in a week (0% probabilities). UUP(-43%) TBT(-35%) VXX(-10%) VIXM(-10%) UNG(-2%) |
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 | -2.01% (StdDev 4.02%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.7% |
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