| NUGT latest price $312.4800 (8.21%) ($282.0400 - $316.6800) on Fri. Apr. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.38% (three month average) |
RSI | 70 |
Latest Price | $312.4800(8.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 17.4% 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(96%) SIL(90%) GLD(73%) SLV(61%) BWX(44%) |
Factors Impacting NUGT price | NUGT will decline at least -5.19% in a week (0% probabilities). UUP(-18%) 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 | -5.19% (StdDev 10.38%) |
Hourly BBV | 0 () |
Intraday Trend | 6.5% |
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