Direxion Daily Junior Gold Miners Index Bull 2X Shares technical analysis
Technical analysis of Direxion Daily Junior Gold Miners Index Bull 2X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Direxion Daily Junior Gold Miners Index Bull 2X Shares
JNUG is an exchange-traded fund providing 2X leveraged daily exposure to the Junior Gold Miners Index, tracking the performance of small- and mid-capitalization companies, both domestic and foreign, engaged in gold and silver mining. The fund invests at least 80% of its net assets in financial instruments including swap agreements, index securities, and exchange-traded funds to replicate this investment objective.
Description generated automatically from public sources; it may be inaccurate or out of date.
Direxion Daily Junior Gold Miners Index Bull 2X Shares: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
147.83 $
−10.92%
50 sessions
169.59 $
−22.35%
200 sessions
191.69 $
−31.30%
Session levels
s2
130.02
Support
s1
131.59
Support
pivot
133.81
Pivot
r1
135.38
Resistance
r2
137.60
Resistance
How to read it
In the October 20, 2026 session Direxion Daily Junior Gold Miners Index Bull 2X Shares closed lower at 131.69 $, −1.10% versus the previous session.
The price sits below every moving average observed: −10.92% against the 21-session average, −22.35% against the 50 and −31.30% against the 200.
The 14-period RSI reads 39.5, in neutral territory.
MACD stands at -9.917 against a signal line at -9.195: the histogram is negative (−0.722).
ADX reads 20.0, indicating weak directionality.
Levels computed on the latest session place supports at 131.59 and 130.02 $ and resistances at 135.38 and 137.60 $, around a pivot of 133.81.
The average daily range (ATR) is 10.730 $, or 8.15% of price.
Turnover was 132.2K shares, 56% of the 20-session average.
Over the last twelve months the price ranged between 98.99 and 228.90 $, and today stands −42.47% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Direxion Daily Junior Gold Miners Index Bull 2X Shares
How is Direxion Daily Junior Gold Miners Index Bull 2X Shares analysed technically?
Technical analysis of Direxion Daily Junior Gold Miners Index Bull 2X Shares is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Direxion Daily Junior Gold Miners Index Bull 2X Shares?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Direxion Daily Junior Gold Miners Index Bull 2X Shares?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Junior Gold Miners Index Bull 2X Shares it helps frame the technical structure of the historical chart and is not a forecast.
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