Meyka Pro banner
MicroSectors FANG+ Index 2X Leveraged ETNs

FNGO Technical Analysis Summary (AMEX)

Analyze FNGO on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FNGOAMEX
Financial ServicesAsset Management - Leveraged
$149.54
$0.44(0.29%)
U.S. Market opens in 6h 2m

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 (AMEX)

MicroSectors FANG+ Index 2X Leveraged ETNs (AMEX: FNGO) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.08)
Trend Strength:Moderate (ADX: 25.66)
Volatility:Medium (ATR: 3.59)
Support/Resistance:$143.07 – $155.67 (Bollinger Bands)

Technical conditions suggest MicroSectors FANG+ Index 2X Leveraged ETNs on the AMEX is awaiting a decisive move. Technical conditions suggest MicroSectors FANG+ Index 2X Leveraged ETNs is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.87

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.78

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.47

Bullish
Steady upward momentum.

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 2.90

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.66

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.59

Medium
Medium volatility, healthy price movement.

CCI (14): 2.72

Neutral
Neutral, no strong directional signal.

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$155.67
Middle Band (SMA 20)
$149.37
Lower Band
$143.07
Current Position
Within Bands

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$155.70
Middle Line (EMA 20)
$148.52
Lower Channel
$141.34
Squeeze Status
Squeeze On

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume13.41K
Money Flow Index44.01Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.64Neutral to Bullish, buyers 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 ETNs (AMEX: FNGO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

Overall Recommendation:MicroSectors FANG+ Index 2X Leveraged ETNs stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(AMEX: FNGO) Technical Analysis FAQ