NUGT Crowded With Sellers
November 11, 2024 at 11:11 AM EST
In trading on Monday, shares of the Direxion Daily Gold Miners Index Bull 2X Shares ETF (NUGT) entered into oversold territory, changing hands as low as $41.40 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..
