| NUGT latest price $112.0000 (9.08%) ($105.0400 - $112.6800) on Mon. Feb. 1, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.1% (three month average) |
RSI | 55 |
Latest Price | $112.0000(9.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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 -4.05% in a week (0% probabilities). UUP(-19%) TBT(-18%) IPO(-5%) 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 | -4.05% (StdDev 8.1%) |
Hourly BBV | 0 () |
Intraday Trend | 5.9% |
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