| NUGT latest price $30.7800 (4.77%) ($30.2000 - $31.5300) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 58 |
Latest Price | $30.7800(4.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.3% a day on average for past five trading days. |
Weekly Trend | NUGT declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(87%) SLV(78%) IVW(75%) |
Factors Impacting NUGT price | NUGT will decline at least -1.73% in a week (0% probabilities). TBT(-35%) UUP(-30%) VIXM(-7%) VXX(-5%) URA(-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 | -1.73% (StdDev 3.46%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.9% |
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