Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

Direxion Daily Gold Miners BUL (PACF:NUGT)

Countertrend Down (-85) - NUGT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
7.830 8.280 7.570 7.695 -0.125
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 24.65

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 28.93

short term up The short-term trend has been UP since Apr 3rd, 2020 at 8.17

Smart Scan Analysis for NUGT

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

-85
Smart Scan Analysis for NUGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.830 8.280 7.570 7.695 -0.125
Prev. Close Volume Bid Ask Time
7.230 25863242 2020-04-03 15:59:57
Year High37.96Year High Date2018-01-24
Year Low10.56Year Low Date2018-09-11
52wk High45.152wk High Date2019-09-04
52wk Low4.8352wk Low Date2020-03-19
Year End Close10.9704Average Volume38,227,393
Shares Outstanding71,086Assets4,324M
Volatility79.78
Get a free daily analysis and signals for Direxion Daily Gold Miners BUL (NUGT) - Request Your Free Report.