| NUGT latest price $3900.8000 (2.87%) ($3738.1800 - $4058.8000) on Mon. Aug. 26, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.46% (three month average) |
RSI | 77 |
Latest Price | $3900.8000(2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 18.9% 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 -5.23% in a week (0% probabilities). PEJ(8%) XLY(10%) XLK(10%) XAR(12%) 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 | -5.23% (StdDev 10.46%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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