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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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

Weak Uptrend (+65) - NUGT is showing signs of weakening momentum to the upside. Monitor 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
36.66 37.42 36.51 37.08 -0.03
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term up The long-term trend has been UP since Apr 1st, 2024 at 35.28

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 26.62

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 37.40

Smart Scan Analysis for NUGT

Based on our trend formula, NUGT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NUGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.66 37.42 36.51 37.08 -0.03
Prev. Close Volume Bid Ask Time
37.11 1029204 2024-04-24 13:36:43
Year High37.96Year High Date2018-01-24
Year Low10.56Year Low Date2018-09-11
52wk High51.8952wk High Date2023-05-04
52wk Low23.14552wk Low Date2024-02-28
Year End Close10.9704Average Volume2,959,047
Shares Outstanding4,327Assets4,324M
Volatility79.78
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