| NUGT latest price $1936.8000 (8.25%) ($1801.1700 - $1946.8000) on Thu. Jul. 17, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5% (three month average) |
RSI | 59 |
Latest Price | $1936.8000(8.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 1.5% 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) GDX(97%) SIL(90%) GLD(74%) SLV(62%) GDXJ(50%) |
Factors Impacting NUGT price | NUGT will decline at least -2.5% in a week (0% probabilities). UUP(-22%) VIXM(0%) XLF(2%) UNG(2%) XHB(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | 6.8% |
| |
|
|