| NUGT latest price $35840.4000 (1.13%) ($35420.2000 - $37220.0000) on Mon. Oct. 1, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.21% (three month average) |
RSI | 72 |
Latest Price | $35840.4000(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.9% a day on average for past five trading days. |
Weekly Trend | NUGT advances 2.2% 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 -2.605% 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 | -2.605% (StdDev 5.21%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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