| NUGT latest price $22960.0000 (1.86%) ($22180.0000 - $23300.0000) on Fri. May. 25, 2012. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.81% (three month average) |
| RSI | 53 |
| Latest Price | $22960.0000(1.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 4.4% a day on average for past five trading days. |
| Weekly Trend | NUGT advances 3.9% 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(75%) EEM(25%) LQD(25%) PCY(25%) TIP(24%) |
| Factors Impacting NUGT price | NUGT will decline at least -2.905% in a week (0% probabilities).
PEJ(8%) XLY(10%) XLK(11%) XAR(11%) SHY(12%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.905% (StdDev 5.81%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.1% |
| | |
| |
|