| NUGT latest price $31.9300 (3.07%) ($31.2400 - $32.2700) on Mon. Nov. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 52 |
Latest Price | $31.9300(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.9% a day on average for past five trading days. |
Weekly Trend | NUGT advances 4.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(92%) SLV(78%) XME(72%) |
Factors Impacting NUGT price | NUGT will decline at least -1.71% in a week (0% probabilities). SMH(-34%) EDOC(-28%) UUP(-25%) TBT(-25%) VIXM(-18%) |
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 | 1.7 () |
Intraday Trend | 0.1% |
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