| NUGT latest price $29.5600 (-4.27%) ($28.6300 - $30.1800) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 40 |
Latest Price | $29.5600(-4.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.6% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -1.615% in a week (0% probabilities). UUP(-32%) TBT(-25%) URA(-10%) UNG(4%) VIXM(9%) |
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 | -1.615% (StdDev 3.23%) |
Hourly BBV | -1 () |
Intraday Trend | -1.6% |
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