| NUGT latest price $3374.8000 (-12.98%) ($3350.8000 - $3775.8100) on Wed. Aug. 21, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.44% (three month average) |
RSI | 61 |
Latest Price | $3374.8000(-12.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 25.5% 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(25%) EEM(23%) |
Factors Impacting NUGT price | NUGT will decline at least -5.22% 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 | -5.22% (StdDev 10.44%) |
Hourly BBV | 0 () |
Intraday Trend | -9.6% |
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