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

The Direxion Daily Gold Miners Index Bull 2X ETF seeks daily investment results, before fees and expenses, of 200% of the daily performance of the MarketVector Global Gold Miners Index (the "Index"). The Index is a rules-based, modified capitalization-weighted, float-adjusted index intended to give investors a means of tracking the overall performance of companies that are involved primarily in the gold and silver mining industry as defined by MarketVector Indexes TM GmbH (the "Index Provider"). The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 2X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.

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

As of August 14, 2026, NUGT stock price climbed to $160.82 with 475,510 million shares trading.

NUGT has a beta of 4.17, meaning it tends to be more sensitive to market movements. NUGT has a correlation of 0.25 to the broad based SPY ETF.

NUGT has a market cap of $1.18 billion. This is considered a Small Cap stock.

In the last 3 years, NUGT traded as high as $320.79 and as low as $23.15.

NUGT has outperformed the market in the last year with a price return of +80.0% while the SPY ETF gained +21.5%. However, in the short term, NUGT had mixed performance relative to the market. It has underperformed in the last 3 months, returning -15.9% vs +4.0% return in SPY. But in the last 2 weeks, NUGT shares have fared better than the market returning +45.1% compared to SPY +3.9%.

NUGT support price is $145.74 and resistance is $164.52 (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 NUGT shares will trade within this expected range on the day.