| NUGT latest price $25260.0000 (-0.39%) ($23880.0000 - $25280.0000) on Mon. Nov. 26, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.81% (three month average) |
RSI | 47 |
Latest Price | $25260.0000(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.8% a day on average for past five trading days. |
Weekly Trend | NUGT declines -7.8% 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(75%) LQD(26%) PCY(25%) EEM(24%) TIP(24%) |
Factors Impacting NUGT price | NUGT will decline at least -2.905% in a week (0% probabilities). PEJ(8%) XLY(9%) XLK(10%) XAR(11%) XLP(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.905% (StdDev 5.81%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|