| NUGT latest price $73820.0000 (-6.89%) ($71780.0000 - $77780.0000) on Tue. Aug. 23, 2011. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.91% (three month average) |
| RSI | 56 |
| Latest Price | $73820.0000(-6.89%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 0.7% a day on average for past five trading days. |
| Weekly Trend | NUGT advances 7.6% 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)
GLD(74%) EEM(26%) LQD(25%) PCY(25%) REMX(25%) |
| Factors Impacting NUGT price | NUGT will decline at least -1.955% in a week (0% probabilities).
PEJ(10%) XLY(11%) SHY(11%) XLK(13%) XLP(14%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.955% (StdDev 3.91%) |
| Hourly BBV | 0 () |
| Intraday Trend | -3.5% |
| | |
| |
|