DIREXION DAILY JUNIOR GOLD M (JNUG)

US25460G8318 - ETF

36.4  +0.13 (+0.36%)

After market: 36.41 +0.01 (+0.03%)

Technical Rating and Analysis

7

Overall JNUG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JNUG is only an average performer.

In the last month JNUG has a been trading in the 35.00 - 44.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
JNUG has an average volume of 1625430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, JNUG turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
JNUG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JNUG is lagging the market slightly.
Weekly and Daily overview Charts
JNUG Weekly chart
JNUG Daily chart
Setup Rating and Analysis

6

JNUG 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.

Support and Resistance Analysis

23.95

40.94

When analyzing the support we can see 2 important areas.

  • Support @35.34 from a horizontal line in the daily time frame.
  • Support @24.19 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @39.39 from a horizontal line in the weekly time frame.
  • Resistance @40.53 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.43
Mansfield0.44
10 Day High40.25
10 Day Low35
20 Day High44
20 Day Low35
52 Week High47.57
52 Week Low21.92
Performance
1 Week-5.63%
2 Weeks-5.11%
1 Month0.25%
3 Month36.84%
6 Month20.21%
12 Month-22.12%
2 Year-29.58%
3 Year-67.82%
5 Year-90.36%
10 Year-99.95%
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)-0.56
RSI(14)50.63
LBB34.81
UBB40.31
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
39.4035.334.07 (10.33%)9.68%
An entry @39.40. This is a Buy Stop order right above the resistance zone.An exit @35.33. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 4.07 points, which is 10.33%.When investing 9.68% 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.
JNUG Daily chart

DIREXION DAILY JUNIOR GOLD M

NYSEARCA:JNUG (5/2/2024, 6:26:15 PM)

After market: 36.41 +0.01 (+0.03%)

36.4

+0.13 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.36%
1 Week-5.63%
2 Weeks-5.11%
1 Month0.25%
3 Month36.84%
6 Month20.21%
12 Month-22.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.43
ATR(20)%7.23%
ATR Inc
Range Today1.83
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High40.25
10 Day Low35
20 Day High44
20 Day Low35
52 Week High47.57
52 Week Low21.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.13M
Volume Incr-18.94%
Vol(5)1.35M
Vol(50)1.63M