| NUGT latest price $399.6000 (13.25%) ($361.1600 - $405.2000) on Thu. Apr. 28, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.27% (three month average) |
RSI | 68 |
Latest Price | $399.6000(13.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2.6% a day on average for past five trading days. |
Weekly Trend | NUGT advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(90%) GLD(73%) SLV(61%) BWX(44%) |
Factors Impacting NUGT price | NUGT will decline at least -5.135% in a week (0% probabilities). UUP(-18%) TBT(-18%) IPO(-4%) UNG(1%) IYT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.135% (StdDev 10.27%) |
Hourly BBV | 0 () |
Intraday Trend | 9.9% |
| |
|
|