| NUGT latest price $114.0400 (-7.25%) ($108.0000 - $117.1600) on Fri. Jan. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.5% (three month average) |
RSI | 68 |
Latest Price | $114.0400(-7.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(96%) SIL(89%) GLD(73%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -4.25% in a week (0% probabilities). UUP(-20%) TBT(-18%) XLF(1%) UNG(1%) IYT(1%) |
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 | -4.25% (StdDev 8.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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