| NUGT latest price $683.4800 (4.98%) ($663.5200 - $709.0000) on Wed. Aug. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.71% (three month average) |
RSI | 67 |
Latest Price | $683.4800(4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.5% a day on average for past five trading days. |
Weekly Trend | NUGT advances 9% a week on average for past two weeks. |
Market Behavior | Value stocks 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(89%) GLD(72%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -4.355% in a week (0% probabilities). UUP(-17%) TBT(-17%) IPO(-4%) VIXM(1%) 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 | -4.355% (StdDev 8.71%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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