| NUGT latest price $73460.0000 (5%) ($71640.0000 - $74660.0000) on Fri. Aug. 19, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 62 |
Latest Price | $73460.0000(5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.3% a day on average for past five trading days. |
Weekly Trend | NUGT advances 5.6% a week on average for past two weeks. |
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(74%) EEM(26%) LQD(25%) PCY(25%) REMX(25%) |
Factors Impacting NUGT price | NUGT will decline at least -1.85% in a week (0% probabilities). PEJ(10%) XLY(11%) SHY(11%) XLK(12%) XLP(13%) |
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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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