| NUGT latest price $175.2000 (1.86%) ($167.2000 - $178.2000) on Wed. Jan. 4, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.33% (three month average) |
RSI | 54 |
Latest Price | $175.2000(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 14% a week on average for past two weeks. |
Market Behavior | Broad based 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(72%) SLV(60%) BWX(42%) |
Factors Impacting NUGT price | NUGT will decline at least -4.165% in a week (0% probabilities). TBT(-16%) UUP(-14%) IPO(-5%) VIXM(1%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.165% (StdDev 8.33%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|