Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Direxion Daily Junior Gold Miners Index Bull 3X Shares (GIF:JNUG)

Countertrend Up (+85) - JNUG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid JNUG?

MarketClub looks at technical strength and momentum to determine if the timing is right for JNUG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_JNUG
Open High Low JNUG Price Change
92.9883 99.5527 92.9883 97.9357 +4.8318
Entry Signal

MarketClub’s Trade Triangles for JNUG

long term up The long-term trend has been UP since May 19th, 2020 at 105.0040

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 7.0807

short term down The short-term trend has been DOWN since May 26th, 2020 at 97.1726

Smart Scan Analysis for JNUG

Based on our trend formula, JNUG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JNUG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.9883 99.5527 92.9883 97.9357 +4.8318
Prev. Close Volume Bid Ask Time
4.2247 0 2020-05-29 19:14:31
Get a free daily analysis and signals for Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG) - Request Your Free Report.