Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Direxion Daily Gold Miners Index Bull 2X ETF

NUGT Technical Analysis Summary (AMEX)

Analyze NUGT on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NUGT●AMEX
Financial ServicesAsset Management - Leveraged
$114.63
$1.35(1.16%)
U.S. Market is Open · 15:09

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NUGT Technical Analysis Summary (AMEX)

Direxion Daily Gold Miners Index Bull 2X ETF (AMEX: NUGT) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.06)
Trend Strength:Weak (ADX: 14.35)
Volatility:High (ATR: 9.15)
Support/Resistance:$101.39 – $126.70 (Bollinger Bands)

Technical conditions suggest Direxion Daily Gold Miners Index Bull 2X ETF on the AMEX is awaiting a decisive move. Technical conditions suggest Direxion Daily Gold Miners Index Bull 2X ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.06

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 59.12

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.55

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.77

Neutral
Price change is minimal.

Takeaway:Direxion Daily Gold Miners Index Bull 2X ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -5.67

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.35

Weak
Weak trend, market trading sideways.

ATR (14): 9.15

Rising
Rising volatility, market activity increasing.

CCI (14): -3.68

Neutral
Neutral, no strong directional signal.

Takeaway:Direxion Daily Gold Miners Index Bull 2X ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$126.70
Middle Band (SMA 20)
$114.05
Lower Band
$101.39
Current Position
Within Bands

Takeaway:Direxion Daily Gold Miners Index Bull 2X ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$134.45
Middle Line (EMA 20)
$116.15
Lower Channel
$97.85
Squeeze Status
Squeeze On

Takeaway:Direxion Daily Gold Miners Index Bull 2X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-9.82M
Money Flow Index45.24Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.24Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NUGT shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily Gold Miners Index Bull 2X ETF (AMEX: NUGT), here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Direxion Daily Gold Miners Index Bull 2X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: NUGT) Technical Analysis FAQ