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Stock Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

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

Bear Market Rally (-75) - NUGT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NUGT as it may be in the beginning 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.

PACF_NUGT
Open High Low NUGT Price Change
49.000 50.320 48.342 49.070 -0.570
Entry Signal

MarketClub’s Trade Triangles for NUGT

long term down The long-term trend has been DOWN since May 12th, 2022 at 44.0000

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 64.6000

short term up The short-term trend has been UP since May 19th, 2022 at 47.0862

Smart Scan Analysis for NUGT

Based on our trend formula, NUGT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NUGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.000 50.320 48.342 49.070 -0.570
Prev. Close Volume Bid Ask Time
49.640 1444343 2022-05-26 15:59:58
Year High37.96Year High Date2018-01-24
Year Low10.56Year Low Date2018-09-11
52wk High82.8652wk High Date2022-04-18
52wk Low40.323652wk Low Date2021-12-15
Year End Close10.9704Average Volume3,345,887
Shares Outstanding10,202Assets4,324M
Volatility79.78
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