DIREXION DAILY JUNIOR GOLD M (JNUG) Stock Technical Analysis
USA - NYSEARCA:JNUG - US25460G8318 - ETF
165.53 USD
-16.45 (-9.04%)
166.8 USD
+1.27 (+0.77%)
Taking everything into account, JNUG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, JNUG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that JNUG is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by JNUG over the past year are nicely spread over this period.
A new 52 week high is currently being made by JNUG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month JNUG has a been trading in the 122.85 - 183.69 range, which is quite wide. It is currently trading near the high of this range.
Although JNUG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
83.06
167.19
When analyzing the support we notice one important area.
- A support zone ranging from 83.90 to 85.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for JNUG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JNUG is up. |
| ChartMill Relative Strength | 97.91 | POSITIVE | JNUG has a high relative strength, it outperformed 97.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JNUG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JNUG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JNUG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.12 | NEUTRAL | The RSI value for JNUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests JNUG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.14 | NEUTRAL | The Stochastics value for JNUG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for JNUG suggests high volalility. |
| Average Directional Index/ADX (14) | 40.7 | POSITIVE | The high ADX value value for JNUG suggests a strong trend. |
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)
165.53
-16.45 (-9.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.04%
1 Week0.46%
2 Weeks12.42%
1 Month21.61%
3 Month102.56%
6 Month143.11%
12 Month241.79%
2 Year516.5%
3 Year538.87%
5 Year40.82%
10 Year-79.22%
15 YearN/A
Volatility
ATR(14)10.98
ATR(20)%6.3%
ATR Inc94.31%
Range Today23.69
ADR(20)9.47
ADR(20)%5.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.91
Mansfield10.96
10 Day High183.69
10 Day Low148.14
20 Day High183.69
20 Day Low122.85
52 Week High183.69
52 Week Low34.83
CS1 End85.17
CR1 StartN/A
Volume & EV
DER(3)-2.73%
DER(5)-0.78%
Volume869.60K
Volume Incr17.84%
Vol(5)568.07K
Vol(50)422.07K