Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Direxion Daily Gold Miners Index Bull 2XShares (PACF:NUGT)
Long-Term Downtrend (-90) - NUGT is in a strong downtrend that is likely to continue. While NUGT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since May 12th, 2022 at 44.000
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 64.600
The short-term trend has been DOWN since Jun 10th, 2022 at 44.905
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 |
|---|---|---|---|---|
| 33.1600 | 36.7900 | 32.9600 | 36.2505 | +1.9005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.2500 | 3907891 | 2022-07-01 15:59:38 |
| Year High | 37.96 | Year High Date | 2018-01-24 |
| Year Low | 10.56 | Year Low Date | 2018-09-11 |
| 52wk High | 82.86 | 52wk High Date | 2022-04-18 |
| 52wk Low | 34.2 | 52wk Low Date | 2022-06-30 |
| Year End Close | 10.9704 | Average Volume | 2,424,866 |
| Shares Outstanding | 10,102 | Assets | 4,324M |
| Volatility | 79.78 |