| NUGT latest price $265.2800 (2.57%) ($256.0000 - $278.3200) on Fri. Mar. 18, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.9% (three month average) |
RSI | 58 |
Latest Price | $265.2800(2.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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(44%) |
Factors Impacting NUGT price | NUGT will decline at least -4.95% in a week (0% probabilities). UUP(-19%) TBT(-18%) IPO(-4%) 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 | -4.95% (StdDev 9.9%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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