Leverage Shares 2 X Long Nem Daily Etf (NEMG)

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Leverage Shares 2 X Long Nem Daily Etf Stock (NEMG) Forecast

The Leverage Shares 2 X Long Nem Daily Etf (NEMG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $25.73. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month NEMG Price Target

Average 0.00 (-100.00% Downside)

Is Leverage Shares 2 X Long Nem Daily Etf (NEMG) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	75.94	Sell
STOCH(9,6)	88.47	Sell
STOCHRSI(14)	100.00	Sell
MACD(12,26)	2.4615	Buy
ADX(14)	33.14	Buy
William %R	-1.2433	Sell
CCI(14)	87.49	Neutral

Buy: 2 Sell: 4 Neutral: 1

Summary: Sell

Moving Averages

Period	Simple	Exponential
MA10	21.76 Buy	21.73 Buy
MA20	18.25 Buy	19.48 Buy
MA50	15.98 Buy	17.64 Buy
MA100	18.24 Buy	18.07 Buy
MA200	18.84 Buy	0.00 Buy

Buy: 10 Sell: 0 Neutral: 0

Summary: Buy

According to our latest analysis, NEMG could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 4 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on NEMG, as trading bullish markets is always a lot easier

RSI (Relative Strength Index): The RSI(14) value of 75.94 indicates that NEMG is overbought. This suggests that NEMG price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
STOCH (Stochastic Oscillator): The STOCH value of 88.47 indicates that NEMG is oversold. This means that NEMG price is at or near the highest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that NEMG is oversold. This suggests that NEMG price is at or near the highest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 33.14 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 87.49 indicates that NEMG is still overbought but not to an extreme extent.