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Stock Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

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
42.620 42.840 41.181 41.880 -0.340
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 29.005

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 33.440

short term up The short-term trend has been UP since Mar 10th, 2023 at 31.480

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
42.620 42.840 41.181 41.880 -0.340
Prev. Close Volume Bid Ask Time
41.930 1666670 2023-03-31 15:59:15
Year High37.96Year High Date2018-01-24
Year Low10.56Year Low Date2018-09-11
52wk High82.8652wk High Date2022-04-18
52wk Low20.352wk Low Date2022-09-26
Year End Close10.9704Average Volume3,447,040
Shares Outstanding13,702Assets4,324M
Volatility79.78
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