Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Direxion Daily Gold Miners Index Bull 2XShares (PACF:NUGT)
Long-Term Uptrend (+90) - NUGT is in a strong uptrend that is likely to continue. While NUGT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NUGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NUGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NUGT
The long-term trend has been UP since Apr 1st, 2024 at 35.28
The intermediate-term trend has been UP since Mar 4th, 2024 at 26.62
The short-term trend has been UP since Apr 19th, 2024 at 39.58
Smart Scan Analysis for NUGT
Based on our trend formula, NUGT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.00 | 40.09 | 38.75 | 39.48 | +0.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.51 | 2390690 | 2024-04-19 15:59:27 |
| Year High | 37.96 | Year High Date | 2018-01-24 |
| Year Low | 10.56 | Year Low Date | 2018-09-11 |
| 52wk High | 51.89 | 52wk High Date | 2023-05-04 |
| 52wk Low | 23.145 | 52wk Low Date | 2024-02-28 |
| Year End Close | 10.9704 | Average Volume | 2,898,144 |
| Shares Outstanding | 4,327 | Assets | 4,324M |
| Volatility | 79.78 |