Direxion Daily Gold Miners Bull 2X ETF (NUGT, $37.68) Stochastic Oscillator left the overbought zone on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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NUGT - Direxion Daily Gold Miners Bull 2X ETF
Stochastic signal
Bearish Trend
Odds of DOWN Trend
Stochastic signal
Price: $37.68
Daily change: +$0.52 (+1.4%)
Daily volume: 2.7M
Net Assets: $538M
This is a signal that NUGT's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. A.I.dvisor identified 60 similar cases where NUGT's stochastic oscillator exited the overbought zone, and of them led to successful outcomes. Odds of Success:
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NUGTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/