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Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Direxion Daily Gold Miners Index Bull 2XShares (PACF:NUGT)
Strong Downtrend (-100) - NUGT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NUGT continues to fall. 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 Dec 18th, 2024 at 37.98
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 40.70
The short-term trend has been DOWN since Dec 12th, 2024 at 43.56
Smart Scan Analysis for NUGT
Based on our trend formula, NUGT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.7800 | 37.0659 | 35.7200 | 36.3100 | +0.9000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.3200 | 2505992 | 2024-12-20 15:59:55 |
| Year High | 37.96 | Year High Date | 2018-01-24 |
| Year Low | 10.56 | Year Low Date | 2018-09-11 |
| 52wk High | 60.74 | 52wk High Date | 2024-10-22 |
| 52wk Low | 23.145 | 52wk Low Date | 2024-02-28 |
| Year End Close | 10.9704 | Average Volume | 1,911,183 |
| Shares Outstanding | 1,245 | Assets | 4,324M |
| Volatility | 79.78 |