| NUGT latest price $19120.0000 (1.92%) ($18220.0000 - $19380.0000) on Fri. Jul. 27, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.46% (three month average) |
RSI | 40 |
Latest Price | $19120.0000(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -2.7% 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%) LQD(26%) EEM(25%) PCY(25%) TIP(24%) |
Factors Impacting NUGT price | NUGT will decline at least -3.23% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.23% (StdDev 6.46%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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