| NUGT latest price $414.2400 (-8.26%) ($404.5200 - $460.2000) on Tue. May. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.31% (three month average) |
RSI | 65 |
Latest Price | $414.2400(-8.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 16.1% 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(90%) GLD(73%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -5.155% in a week (0% probabilities). UUP(-18%) TBT(-18%) IBUY(-5%) IPO(-4%) UNG(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 | -5.155% (StdDev 10.31%) |
Hourly BBV | 0 () |
Intraday Trend | -9.7% |
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