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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Direxion Daily Gold Miners Index Bull 2XShares (PACF:NUGT)

Bull Market Weakness (+75) - NUGT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NUGT as it may be in the beginning stages of a reversal.

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.

PACF_NUGT
Open High Low NUGT Price Change
52.850 52.890 51.040 51.601 +0.821
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 55.6010

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 48.1799

short term up The short-term trend has been UP since Oct 6th, 2021 at 43.8600

Smart Scan Analysis for NUGT

Based on our trend formula, NUGT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NUGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.850 52.890 51.040 51.601 +0.821
Prev. Close Volume Bid Ask Time
51.610 1466961 2021-10-19 15:59:42
Year High37.96Year High Date2018-01-24
Year Low10.56Year Low Date2018-09-11
52wk High94.7152wk High Date2020-11-06
52wk Low40.8352wk Low Date2021-09-29
Year End Close10.9704Average Volume2,702,134
Shares Outstanding16,002Assets4,324M
Volatility79.78
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