| NUGT latest price $123.6000 (16.17%) ($112.0000 - $125.2000) on Wed. Sep. 16, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.19% (three month average) |
RSI | 62 |
Latest Price | $123.6000(16.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 3.1% a day on average for past five trading days. |
Weekly Trend | NUGT declines -6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(97%) SIL(89%) GLD(74%) SLV(62%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -4.595% in a week (0% probabilities). UUP(-20%) TBT(-17%) VIXM(1%) XLF(2%) UNG(2%) |
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 | -4.595% (StdDev 9.19%) |
Hourly BBV | 0 () |
Intraday Trend | 10.4% |
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