| NUGT latest price $263.5600 (13.6%) ($240.6800 - $265.3600) on Thu. Mar. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.01% (three month average) |
RSI | 65 |
Latest Price | $263.5600(13.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 1.4% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(96%) SIL(89%) GLD(73%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -5.005% in a week (0% probabilities). UUP(-19%) TBT(-18%) IPO(-4%) UNG(1%) IYT(1%) |
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 | -5.005% (StdDev 10.01%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
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