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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.

FNGO●AMEX
Financial ServicesAsset Management - Leveraged
$146.18
$1.42(0.98%)
U.S. Market opens in 7h 9m

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: 55.42)
Trend Strength:Moderate (ADX: 23.81)
Volatility:Medium (ATR: 4.50)
Support/Resistance:$116.63 – $164.49 (Bollinger Bands)

Technical conditions suggest MicroSectors FANG+ Index 2X Leveraged ETNs on the AMEX is awaiting a decisive move. This mix signals that MicroSectors FANG+ Index 2X Leveraged ETNs is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 74.02

Bullish
Buying momentum building without extremes.

Williams %R: -30.91

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 15.86

Strongly Bullish
Strong upside momentum.

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.63

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.81

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.50

Medium
Medium volatility, healthy price movement.

CCI (14): -22.62

Bearish
Bearish, momentum remains under pressure.

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
$164.49
Middle Band (SMA 20)
$140.56
Lower Band
$116.63
Current Position
Within Bands

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$152.47
Middle Line (EMA 20)
$143.47
Lower Channel
$134.47
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-8.95K
Money Flow Index63.59Bullish, inflows support continued momentum.
Relative Vigor Index46.11Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:FNGO shows mixed signals in money flow analysis.

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for MicroSectors FANG+ Index 2X Leveraged ETNs are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: FNGO) Technical Analysis FAQ