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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

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

Crossroads (+60) - NUGT is struggling to move into a solid trend. Beware of choppy markets 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.

PACF_NUGT
Open High Low NUGT Price Change
31.0600 31.1687 30.6000 30.7800 -0.3800
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 26.41

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

short term up The short-term trend has been UP since Mar 13th, 2024 at 32.08

Smart Scan Analysis for NUGT

Based on our trend formula, NUGT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NUGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.0600 31.1687 30.6000 30.7800 -0.3800
Prev. Close Volume Bid Ask Time
30.5515 1176221 2024-03-18 15:59:58
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 Volume3,119,396
Shares Outstanding16,302Assets4,324M
Volatility79.78
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