NUGTDescending Triangle

70% ConfidenceDetected Jun 2

Signal Snapshot

As of June 2, 2026, NUGT is showing a Descending Triangle pattern with 70% confidence on the daily timeframe. SCTR 0.0 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $174.12 · Target $185.35 · Stop $167.18.

EdgeOS Levels — NUGT

Close
$160.59
Buy Trigger
$174.12
+1 ATR Target
$185.35
Stop
$167.18
SCTR
0.0
Trend
Confirmed Bear
Bull Count
0
Bear Count
4
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Frequently Asked Questions

Is NUGT showing a Descending Triangle pattern?

Yes. NUGT is currently showing a Descending Triangle pattern with 70% confidence on the daily timeframe (detected 6/2/2026).

What is the confidence level for the NUGT Descending Triangle?

The NUGT Descending Triangle has a confidence score of 70%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for NUGT?

NUGT's EdgeOS buy trigger is $174.12, target $185.35 (Saty ATR +1), stop below $167.18.

How often does the Descending Triangle succeed?

The Descending Triangle has a historical win rate of 70% when traded with proper volume confirmation and stop placement. Average time to target: 17 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice