Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
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.
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MarketClub’s Trade Triangles for NUGT
The long-term trend has been DOWN since Jul 19th, 2021 at 55.6010
The intermediate-term trend has been UP since Oct 13th, 2021 at 48.1799
The short-term trend has been UP since Oct 6th, 2021 at 43.8600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.850 | 52.890 | 51.040 | 51.601 | +0.821 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.610 | 1466961 | 2021-10-19 15:59:42 |
| Year High | 37.96 | Year High Date | 2018-01-24 |
| Year Low | 10.56 | Year Low Date | 2018-09-11 |
| 52wk High | 94.71 | 52wk High Date | 2020-11-06 |
| 52wk Low | 40.83 | 52wk Low Date | 2021-09-29 |
| Year End Close | 10.9704 | Average Volume | 2,702,134 |
| Shares Outstanding | 16,002 | Assets | 4,324M |
| Volatility | 79.78 |