| NUGT latest price $2372.0000 (-8.91%) ($2364.0000 - $2712.0000) on Wed. Jul. 17, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.6% (three month average) |
RSI | 64 |
Latest Price | $2372.0000(-8.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 6.1% 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(25%) TIP(25%) EEM(23%) |
Factors Impacting NUGT price | NUGT will decline at least -4.8% in a week (0% probabilities). PEJ(8%) XLY(10%) XLK(10%) 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 | -4.8% (StdDev 9.6%) |
Hourly BBV | 0 () |
Intraday Trend | -10.2% |
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