Decline depth
-63.5%
From rolling 252-day high of $319.71, 130d ago.
Past the 40% Red List threshold.
Red List
NUGTDirexion Daily Gold Miners Inde
-63.5%
from rolling 252-day high of $319.71 set 2026-03-02 · 130d ago
Current
$116.56
Decline depth
-63.5%
Decline σ
5.0σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$NUGT landed on the list 2026-05-14, down 40.3% from its 52-week high that day — now down -63.5%.
That's 27.3 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-05-14 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
NUGT qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
5.0σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (6.47% per day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about NUGT.
NUGT qualifies for the Red List on decline depth — down -63.5% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.
Cross-confirmation: decline sigma also reads 5.0σ over 20 bars.
52-week range
52W low $69.37
18.8% of range
52W high $320.79
Related — same sector
Closest decliners to NUGT
Questions about NUGT
What people ask.
Why is NUGT on Broken Stocks?
NUGT qualifies for the Red List on decline depth. It is down -63.5% from its rolling 252-day high of $319.71, set on 2026-03-02 — 130d ago.
Is NUGT a falling knife?
Not by the strict technical definition. NUGT is down -63.5% from its 52-week high, but that high was set 130d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. NUGT is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is NUGT a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is NUGT trading inside its 52-week range?
At $116.56, NUGT sits 18.8% of the way from its 52-week low ($69.37) to its 52-week high ($320.79). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has NUGT been declining?
The current 63.5% decline accrued over 130d, which annualizes to roughly -178.3% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.