| NUGT latest price $36.7900 (3.31%) ($36.4400 - $37.8800) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 56 |
Latest Price | $36.7900(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 4.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) IWN(99%) IFRA(98%) IWM(95%) SIL(95%) IBB(93%) |
Factors Impacting NUGT price | NUGT will decline at least -2.015% in a week (0% probabilities). VXX(-31%) UUP(-27%) URA(2%) BNDX(11%) KWEB(25%) |
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 | -2.015% (StdDev 4.03%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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