NUGT Crosses Below Key Moving Average Level

In trading on Thursday, shares of the Daily Gold Miners Bull 3x Shares ETF ( NUGT) crossed below their 200 day moving average of $38.77, changing hands as low as $37.15 per share. Daily Gold Miners Bull 3x Shares shares are currently trading down about 9.3% on the day. The chart below shows the one year performance of NUGT shares, versus its 200 day moving average:

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Daily Gold Miners Bull 3x Shares 200 Day Moving Average Chart

Looking at the chart above, NUGT's low point in its 52 week range is $24.14 per share, with $82.42 as the 52 week high point — that compares with a last trade of $36.79.

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