Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
Direxion Daily Junior Gold Miners Index Bull 3X Shares (GIF:JNUG)
Sidelines Mode (+55) - JNUG 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 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.
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MarketClub’s Trade Triangles for JNUG
The long-term trend has been UP since May 19th, 2020 at 105.0040
The intermediate-term trend has been UP since Jun 30th, 2020 at 105.6691
The short-term trend has been DOWN since Aug 11th, 2020 at 158.2258
Smart Scan Analysis for JNUG
Based on our trend formula, JNUG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 132.4856 | 144.1403 | 132.4737 | 135.5464 | +3.0612 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.9425 | 0 | 2020-08-12 19:14:45 |