Direxion Daily Gold Miners Bull 2X ETF (NUGT, $185.75) entered Downtrend as Momentum indicator drops below 0 level on Sep 02, 2026

@Trading, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
NUGT - Direxion Daily Gold Miners Bull 2X ETF
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $185.75
Daily change: +$10.81 (+6.18%)
Daily volume: 600.4K
Net Assets: $1.2B

This indicator may be signaling that NUGT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 81 similar cases where NUGT's Momentum Indicator fell below the 0 level, and 78 of them led to a successful outcome. Odds of Success: 90%.