| NUGT latest price $29.1300 (-1.25%) ($29.0450 - $30.0350) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 47 |
Latest Price | $29.1300(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.6% a day on average for past five trading days. |
Weekly Trend | NUGT declines -1.7% a week on average for past two weeks. |
Market Behavior | Normal 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(96%) GLD(86%) SLV(77%) XME(72%) |
Factors Impacting NUGT price | NUGT will decline at least -1.71% in a week (0% probabilities). UUP(-29%) TBT(-25%) VXX(-2%) VIXM(-2%) URA(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 | -1.71% (StdDev 3.42%) |
Hourly BBV | -0.4 () |
Intraday Trend | -2.1% |
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