| NUGT latest price $640.3600 (-1.43%) ($584.8800 - $642.2000) on Thu. Jul. 14, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.61% (three month average) |
RSI | 77 |
Latest Price | $640.3600(-1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1% a day on average for past five trading days. |
Weekly Trend | NUGT advances 17.9% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(72%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -4.805% in a week (0% probabilities). UUP(-17%) TBT(-17%) IBUY(-5%) IPO(-4%) VIXM(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 | -4.805% (StdDev 9.61%) |
Hourly BBV | 0 () |
Intraday Trend | 7.3% |
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