| NUGT latest price $31.5100 (8.36%) ($29.5000 - $32.2200) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 54 |
Latest Price | $31.5100(8.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(98%) SIL(95%) GLD(83%) SLV(77%) XME(70%) |
Factors Impacting NUGT price | NUGT will decline at least -1.595% in a week (0% probabilities). UUP(-33%) TBT(-24%) URA(-11%) UNG(0%) VIXM(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 | -1.595% (StdDev 3.19%) |
Hourly BBV | 1.8 () |
Intraday Trend | 6.5% |
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