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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.

PACF_NUGT
Open High Low NUGT Price Change
33.1600 36.7900 32.9600 36.2505 +1.9005
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term down The long-term trend has been DOWN since May 12th, 2022 at 44.000

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 64.600

short term down 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).

-90
Smart Scan Analysis for NUGT
Strong Downtrend Sideways 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 High37.96Year High Date2018-01-24
Year Low10.56Year Low Date2018-09-11
52wk High82.8652wk High Date2022-04-18
52wk Low34.252wk Low Date2022-06-30
Year End Close10.9704Average Volume2,424,866
Shares Outstanding10,102Assets4,324M
Volatility79.78
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