| NUGT latest price $2659.0400 (-9.4%) ($2544.0000 - $3024.0000) on Thu. Sep. 19, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.96% (three month average) |
RSI | 43 |
Latest Price | $2659.0400(-9.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 4.2% a day on average for past five trading days. |
Weekly Trend | NUGT declines -10.4% 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(27%) PCY(25%) TIP(25%) EEM(23%) |
Factors Impacting NUGT price | NUGT will decline at least -5.48% in a week (0% probabilities). PEJ(8%) XLY(10%) XLK(10%) XAR(11%) SHY(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.48% (StdDev 10.96%) |
Hourly BBV | 0 () |
Intraday Trend | -11.8% |
| |
|
|