| NUGT latest price $451.5600 (-5.19%) ($436.6000 - $495.8400) on Mon. May. 2, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.5% (three month average) |
RSI | 63 |
Latest Price | $451.5600(-5.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 7% a day on average for past five trading days. |
Weekly Trend | NUGT advances 14.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(43%) |
Factors Impacting NUGT price | NUGT will decline at least -5.25% in a week (0% probabilities). UUP(-18%) TBT(-18%) IBUY(-5%) IPO(-4%) 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 | -5.25% (StdDev 10.5%) |
Hourly BBV | 0 () |
Intraday Trend | -8.2% |
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