DIREXION DAILY GOLD MINERS I (NUGT) Stock Technical Analysis
NYSEARCA:NUGT - NYSE Arca - US25460G7815 - ETF - Currency: USD
Overall NUGT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NUGT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NUGT did better than 95% of all other stocks. On top of that, NUGT also shows a nice and consistent pattern of rising prices.
NUGT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NUGT slightly outperforms the market at the moment.
NUGT has an average volume of 1493810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NUGT has a been trading in the 44.30 - 54.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NUGT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
36.20
54.67
4 important support areas can be observed.
- Support @48.20 from a trend line in the daily time frame.
- A support zone ranging from 46.32 to 46.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.35 from a trend line in the weekly time frame.
- Support @36.57 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @52.90 from a trend line in the daily time frame.
- Resistance @54.13 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.71
Mansfield1.57
10 Day High53.13
10 Day Low44.3
20 Day High54.56
20 Day Low44.3
52 Week High60.74
52 Week Low28.88
Performance
1 Week9.47%
2 Weeks3.46%
1 Month1.04%
3 Month24.73%
6 Month23.06%
12 Month67.78%
2 Year22.68%
3 Year-27.35%
5 Year51.29%
10 Year-86.35%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.24
RSI(14)57.62
LBB45.75
UBB53.95
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.91 | 48.19 | 4.72 (8.92%) | 11.21% |
| An entry @52.91. This is a Buy Stop order right above the resistance zone. | An exit @48.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.72 points, which is 8.92%. | When investing 11.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
51.44
+0.66 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.3%
1 Week9.47%
2 Weeks3.46%
1 Month1.04%
3 Month24.73%
6 Month23.06%
12 Month67.78%
2 Year22.68%
3 Year-27.35%
5 Year51.29%
10 Year-86.35%
15 YearN/A
Volatility
ATR(14)2.86
ATR(20)%5.54%
ATR Inc-3.6%
Range Today3.43
ADR(20)2.61
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.71
Mansfield1.57
10 Day High53.13
10 Day Low44.3
20 Day High54.56
20 Day Low44.3
52 Week High60.74
52 Week Low28.88
CS1 End48.2
CR1 Start52.9
Volume & EV
DER(3)2.18%
DER(5)-0.55%
Volume1.42M
Volume Incr-15.94%
Vol(5)1.31M
Vol(50)1.49M