| NUGT latest price $37028.2000 (-2.3%) ($35580.0000 - $37160.0000) on Thu. Sep. 20, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 88 |
Latest Price | $37028.2000(-2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 20.4% 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%) PCY(25%) EEM(24%) TIP(24%) |
Factors Impacting NUGT price | NUGT will decline at least -2.78% 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 | -2.78% (StdDev 5.56%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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