| NUGT latest price $2195.6000 (10.78%) ($2120.4000 - $2228.0000) on Thu. Oct. 24, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.25% (three month average) |
RSI | 61 |
Latest Price | $2195.6000(10.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 8.7% 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%) LQD(26%) PCY(25%) TIP(24%) EEM(22%) |
Factors Impacting NUGT price | NUGT will decline at least -4.625% 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 | -4.625% (StdDev 9.25%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|