| NUGT latest price $30.8500 (-0.36%) ($30.4810 - $31.3400) on Wed. Sep. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 50 |
Latest Price | $30.8500(-0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT declines -1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(97%) SIL(95%) GLD(77%) SLV(77%) XME(60%) |
Factors Impacting NUGT price | NUGT will decline at least -1.715% in a week (0% probabilities). UUP(-34%) TBT(-32%) VIXM(-0%) VXX(3%) UNG(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.715% (StdDev 3.43%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.2% |
| |
|
|