| NUGT latest price $504.4800 (5.56%) ($478.0100 - $508.8600) on Thu. Jun. 30, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.55% (three month average) |
RSI | 60 |
Latest Price | $504.4800(5.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 5.2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 7.2% 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(89%) GLD(72%) SLV(61%) BWX(43%) |
Factors Impacting NUGT price | NUGT will decline at least -4.775% in a week (0% probabilities). TBT(-18%) UUP(-16%) IBUY(-5%) IPO(-4%) VIXM(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.775% (StdDev 9.55%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|