Technical Analysis for JNUG - Direxion Daily Junior Gold Miners Index Bull 3X Shares

Grade Last Price % Change Price Change
C 30.02 -1.80% -0.55
JNUG closed down 1.8 percent on Monday, March 18, 2024, on 58 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Up Up

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
200 DMA Support Bullish -1.80%
Multiple of Ten Bullish Other -1.80%
Outside Day Range Expansion -1.80%
Wide Bands Range Expansion -1.80%
Overbought Stochastic Strength -1.80%
200 DMA Support Bullish -0.63%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 13 hours ago
60 Minute Opening Range Breakdown about 16 hours ago
Down 2 % about 16 hours ago
200 DMA Support about 17 hours ago
2x Volume Pace about 17 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Market VectorsTM Junior Gold Miners Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Market VectorsTM Junior Gold Miners Index ("Index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index tracks the performance of Small and mid capitalization companies in the global gold and silver mining industry, as identified by the index provider. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Leveraged ETF Ultra ETF Silver Mining Silver Mining Industry

Is JNUG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 50.9327
52 Week Low 21.92
Average Volume 1,755,626
200-Day Moving Average 30.14
50-Day Moving Average 26.88
20-Day Moving Average 26.81
10-Day Moving Average 29.67
Average True Range 1.43
RSI (14) 60.63
ADX 32.3
+DI 33.02
-DI 12.12
Chandelier Exit (Long, 3 ATRs) 27.01
Chandelier Exit (Short, 3 ATRs) 26.26
Upper Bollinger Bands 33.01
Lower Bollinger Band 20.60
Percent B (%b) 0.76
BandWidth 46.29
MACD Line 1.24
MACD Signal Line 0.70
MACD Histogram 0.5455
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.44
Resistance 3 (R3) 31.57 31.22 31.20
Resistance 2 (R2) 31.22 30.86 31.16 31.12
Resistance 1 (R1) 30.62 30.64 30.45 30.49 31.04
Pivot Point 30.28 30.28 30.19 30.21 30.28
Support 1 (S1) 29.68 29.92 29.51 29.55 29.00
Support 2 (S2) 29.33 29.69 29.27 28.92
Support 3 (S3) 28.73 29.33 28.84
Support 4 (S4) 28.60