JNUG Stock Summary and Trading Ideas (Direxion Daily Junior Gold Miners Index Bull 2X | ARCA:JNUG)

The Fund seeks daily investment results, before fees and expenses, of 200% of the performance of the Market Vectors Junior Gold Miners Index

Direxion Daily Junior Gold Miners Index Bull 2X trades on the ARCA stock market under the symbol JNUG.

As of April 19, 2024, JNUG stock price climbed to $39.38 with 1,435,843 million shares trading.

JNUG has a beta of 1.31, meaning it tends to be more sensitive to market movements. JNUG has a correlation of 0.06 to the broad based SPY ETF.

JNUG has a market cap of $301.00 million. This is considered a Small Cap stock.

In the last 3 years, JNUG stock traded as high as $117.50 and as low as $20.45.

JNUG stock has underperformed the market in the last year with a return of -9.6%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JNUG shares. However, JNUG has outperformed the market in the last 3 month and 2 week periods, returning +47.9% and +1.7%, while SPY returned +3.0% and -4.5%, respectively. This indicates JNUG has been having a stronger performance recently.

JNUG support price is $36.49 and resistance is $40.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JNUG stock will trade within this expected range on the day.