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NUGT

NUGT

Direxion Daily Gold Miners Index Bull 2X Shares

ETFsPCXUSD-99.8% from ATH
Current Price

$158.33

Drawdown from ATH

-99.8%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against NUGT's own history at this drawdown — not the market's.

What it means: NUGT's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
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Historical Win Rate
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Last 30 days-1.62%
May 5Jun 16
About NUGT

Direxion Daily Gold Miners Index Bull 2X Shares

The index is comprised of publicly traded common stocks, ADRs or global depositary receipts of companies that operate globally in both developed and emerging markets, and the index provider defines as involved primarily in mining for gold and, to a lesser extent, in mining for silver. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversifi

The reading

How Dipsern reads NUGT right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is NUGT doing right now?

In plain terms: NUGT is 99.8% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is trading in a historic crash, 99.8% below its all-time high at $158.33. When an asset is this far below its peak, the binary becomes recovery vs. zero. Dipsern's segmentation answers the question with data, not narratives.

Historical base rate

What history says at this drawdown

NUGT reaches this drawdown band repeatedly in its history (3223 observations), which is a large sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.

Interpretation

What this means for NUGT

ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. In crash territory, the most informative number is the worst observed forward return — not the median. The full app shows the max-loss column for the current segment.

Read how Dipsern grades signals
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Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for NUGT. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-100% to -95%Current3223
-95% to -90%32
-90% to -85%33
-85% to -80%21
-80% to -75%57
-75% to -70%58
-70% to -65%47
-65% to -60%26
-60% to -55%25
-55% to -50%18
-50% to -45%21
-45% to -40%15
Methodology

Every grade is reproducible.

We segment 40+ years of NUGT's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Read the methodologyBrowse the API

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock NUGT's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for NUGT.

Dipsern is research and a second opinion — not a broker. You'd buy NUGT at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.