Technical Analysis for NUGT - Direxion Daily Gold Miners Bull 3X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 51.53 | -1.75% | -0.92 |
NUGT closed up 2.78 percent on Friday, March 5, 2021, on 1.2 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Historical NUGT trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| NR7 | Range Contraction | -1.75% | |
| Multiple of Ten Bullish | Other | -1.75% | |
| Inside Day | Range Contraction | -1.75% | |
| Wide Bands | Range Expansion | -1.75% | |
| Oversold Stochastic | Weakness | -1.75% | |
| Slingshot Bearish | Bearish Swing Setup | 0.98% | |
| Lower Bollinger Band Walk | Weakness | 0.98% | |
| Multiple of Ten Bullish | Other | 0.98% | |
| Wide Bands | Range Expansion | 0.98% | |
| Oversold Stochastic | Weakness | 0.98% |
Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App
| Alert | Time | |
|---|---|---|
| 2x Volume Pace | 7 minutes ago | |
| 1.5x Volume Pace | 7 minutes ago | |
| Down 2 % | 22 minutes ago | |
| Down 1% | 22 minutes ago | |
| Up 3% | 3 days ago |
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Basic chart:
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index.
The fund creates long positions by investing at least 80% of assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a modified market capitalization weighted index comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in the mining for gold and silver. The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Stock Market Index Mining Leveraged ETF Ultra ETF Nyse Arca Gold Miners Index
Classification
Keywords: Exchange Traded Fund ETF Stock Market Index Mining Leveraged ETF Ultra ETF Nyse Arca Gold Miners Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 149.9 |
| 52 Week Low | 24.15 |
| Average Volume | 2,952,709 |
| 200-Day Moving Average | 78.01 |
| 50-Day Moving Average | 63.82 |
| 20-Day Moving Average | 57.95 |
| 10-Day Moving Average | 54.20 |
| Average True Range | 3.97 |
| ADX | 20.9 |
| +DI | 15.84 |
| -DI | 25.70 |
| Chandelier Exit (Long, 3 ATRs ) | 54.68 |
| Chandelier Exit (Short, 3 ATRs ) | 60.64 |
| Upper Bollinger Band | 68.45 |
| Lower Bollinger Band | 47.45 |
| Percent B (%b) | 0.24 |
| BandWidth | 36.25 |
| MACD Line | -3.66 |
| MACD Signal Line | -3.20 |
| MACD Histogram | -0.4564 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 57.12 | ||||
| Resistance 3 (R3) | 56.68 | 54.70 | 56.34 | ||
| Resistance 2 (R2) | 54.70 | 53.51 | 54.91 | 56.08 | |
| Resistance 1 (R1) | 53.57 | 52.77 | 54.14 | 54.01 | 55.82 |
| Pivot Point | 51.59 | 51.59 | 51.87 | 51.80 | 51.59 |
| Support 1 (S1) | 50.46 | 50.40 | 51.03 | 50.90 | 49.08 |
| Support 2 (S2) | 48.48 | 49.66 | 48.69 | 48.82 | |
| Support 3 (S3) | 47.35 | 48.48 | 48.56 | ||
| Support 4 (S4) | 47.79 |
