| NUGT latest price $48.2500 (-1.83%) ($47.1000 - $49.3000) on Wed. May. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 58 |
Latest Price | $48.2500(-1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 4.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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%) XME(51%) |
Factors Impacting NUGT price | NUGT will decline at least -1.9% in a week (0% probabilities). UUP(-41%) TBT(-36%) VIXM(-12%) VXX(-11%) 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 | -1.9% (StdDev 3.8%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.9% |
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