Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Direxion Daily Gold Miners Index Bull 2XShares (PACF:NUGT)
Sidelines Mode (+55) - NUGT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 1st, 2024 at 35.28
The intermediate-term trend has been DOWN since Nov 4th, 2024 at 49.11
The short-term trend has been UP since Nov 18th, 2024 at 41.16
Smart Scan Analysis for NUGT
Based on our trend formula, NUGT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.98 | 43.94 | 42.33 | 43.85 | +1.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.92 | 2433079 | 2024-11-19 15:59:32 |
| 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 | 2,132,995 |
| Shares Outstanding | 1,245 | Assets | 4,324M |
| Volatility | 79.78 |