| NUGT latest price $25800.0000 (12.37%) ($22880.0000 - $25960.0000) on Fri. Aug. 31, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 74 |
Latest Price | $25800.0000(12.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6.3% 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) GLD(75%) LQD(26%) EEM(25%) PCY(25%) TIP(24%) |
Factors Impacting NUGT price | NUGT will decline at least -2.86% 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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 0 () |
Intraday Trend | 9.6% |
| |
|
|