Technical Analysis for NUGT - Direxion Daily Gold Miners Bull 3X Shares

Grade Last Price % Change Price Change
F 59.35 -1.41% -0.85
NUGT closed down 1.41 percent on Wednesday, June 23, 2021, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical NUGT trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -1.41%
Calm After Storm Range Contraction -1.41%
Narrow Range Bar Range Contraction -1.41%
NR7 Range Contraction -1.41%
NR7-2 Range Contraction -1.41%
Older End-of-Day Signals for NUGT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Outside Day about 13 hours ago
Down 1% about 13 hours ago
Fell Below Previous Day's Low about 13 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
3x Volume Pace about 19 hours ago
View Earlier Intraday Alerts

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Profile

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.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Mining Leveraged ETF Ultra ETF Nyse Arca Gold Miners Index

Is NUGT 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 119.8
52 Week Low 48.74
Average Volume 2,436,334
200-Day Moving Average 70.76
50-Day Moving Average 70.41
20-Day Moving Average 71.55
10-Day Moving Average 66.47
Average True Range 3.31
ADX 27.38
+DI 14.66
-DI 33.74
Chandelier Exit (Long, 3 ATRs) 71.25
Chandelier Exit (Short, 3 ATRs) 68.51
Upper Bollinger Bands 85.90
Lower Bollinger Band 57.21
Percent B (%b) 0.07
BandWidth 40.09
MACD Line -3.29
MACD Signal Line -1.20
MACD Histogram -2.0911
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.69
Resistance 3 (R3) 64.16 63.20 62.96
Resistance 2 (R2) 63.20 62.09 62.96 62.72
Resistance 1 (R1) 61.27 61.41 60.79 60.80 62.48
Pivot Point 60.31 60.31 60.07 60.07 60.31
Support 1 (S1) 58.38 59.20 57.90 57.91 56.22
Support 2 (S2) 57.42 58.52 57.18 55.98
Support 3 (S3) 55.49 57.42 55.74
Support 4 (S4) 55.02