| NUGT latest price $78020.0000 (0.62%) ($77440.0000 - $78780.0000) on Wed. Dec. 29, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 53 |
Latest Price | $78020.0000(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.8% a day on average for past five trading days. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GLD(73%) EEM(26%) PCY(25%) REMX(25%) VWO(25%) |
Factors Impacting NUGT price | NUGT will decline at least -1.08% in a week (0% probabilities). PEJ(10%) XLY(11%) SHY(11%) XLK(13%) TLT(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|