| NUGT latest price $1407.2000 (-7.42%) ($1384.0000 - $1493.6000) on Wed. Jan. 22, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.75% (three month average) |
RSI | 68 |
Latest Price | $1407.2000(-7.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.4% 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) GDX(97%) GLD(74%) GDXJ(52%) LQD(26%) PCY(25%) |
Factors Impacting NUGT price | NUGT will decline at least -3.375% in a week (0% probabilities). UUP(-22%) DIA(-0%) UNG(3%) PEJ(8%) XLY(10%) |
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 | -3.375% (StdDev 6.75%) |
Hourly BBV | 0 () |
Intraday Trend | -5.8% |
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