| NUGT latest price $2704.4000 (6.01%) ($2412.8000 - $2828.0000) on Fri. Aug. 9, 2013. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 10.14% (three month average) |
| RSI | 45 |
| Latest Price | $2704.4000(6.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | NUGT advances 1.8% a day on average for past five trading days. |
| Weekly Trend | NUGT declines -13% 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(74%) LQD(27%) PCY(25%) TIP(24%) EEM(23%) |
| Factors Impacting NUGT price | NUGT will decline at least -5.07% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -5.07% (StdDev 10.14%) |
| Hourly BBV | 0 () |
| Intraday Trend | 7.7% |
| | |
| |
|