| NUGT latest price $325.8400 (-8.25%) ($318.4400 - $362.8700) on Fri. Apr. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.33% (three month average) |
RSI | 73 |
Latest Price | $325.8400(-8.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 0.8% a day on average for past five trading days. |
Weekly Trend | NUGT advances 14.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDX(96%) SIL(90%) GLD(73%) SLV(61%) BWX(44%) |
Factors Impacting NUGT price | NUGT will decline at least -5.165% in a week (0% probabilities). UUP(-18%) TBT(-18%) IPO(-4%) IBUY(0%) UNG(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 | -5.165% (StdDev 10.33%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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