| NUGT latest price $104.3200 (10.93%) ($97.0800 - $105.0000) on Tue. Nov. 24, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.37% (three month average) |
RSI | 41 |
Latest Price | $104.3200(10.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.9% a day on average for past five trading days. |
Weekly Trend | NUGT declines -4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(97%) SIL(89%) GLD(74%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -4.685% in a week (0% probabilities). UUP(-20%) TBT(-18%) ARKK(-4%) XLF(2%) VIXM(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.685% (StdDev 9.37%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
| |
|
|