| NUGT latest price $3692.0000 (-3.75%) ($3612.0000 - $3972.0000) on Fri. May. 24, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.54% (three month average) |
RSI | 40 |
Latest Price | $3692.0000(-3.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -12% 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(27%) PCY(26%) TIP(25%) EEM(24%) |
Factors Impacting NUGT price | NUGT will decline at least -4.27% in a week (0% probabilities). PEJ(8%) XLY(9%) XLK(10%) 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 | -4.27% (StdDev 8.54%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
| |
|
|