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MicroSectors FANG+ Index 2X Leveraged ETN

FNGO•AMEX
Financial Services
Asset Management - Leveraged
$92.33
$-2.51(-2.65%)
U.S. Market is Open • 12:29

MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for MicroSectors FANG+ Index 2X Leveraged ETN (AMEX:FNGO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FNGO Technical Analysis Summary

MicroSectors FANG+ Index 2X Leveraged ETN stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.72)
Trend Strength:Very Strong (ADX: 44.56)
Volatility:Medium (ATR: 3.87)
Support/Resistance:$87.91 – $116.64 (Bollinger Bands)

This mix signals that MicroSectors FANG+ Index 2X Leveraged ETN is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 36.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.62

Bearish
Momentum remains weak below midpoint.

Williams %R: -70.26

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.48

Strongly Bearish
Sharp downside momentum.

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETN shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -5.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.56

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 3.87

Medium
Medium volatility, healthy price movement.

CCI (14): -41.21

Bearish
Bearish, momentum remains under pressure.

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETN shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$116.64
Middle Band (SMA 20)
$102.27
Lower Band
$87.91
Current Position
Within Bands

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETN trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$108.70
Middle Line (EMA 20)
$100.96
Lower Channel
$93.21
Squeeze Status
No Squeeze

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETN trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-38.70K
Money Flow Index44.68Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.17Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:FNGO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of MicroSectors FANG+ Index 2X Leveraged ETN, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:MicroSectors FANG+ Index 2X Leveraged ETN shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ