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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
$143.33
$9.30(6.09%)
U.S. Market opens in 13h 39m

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 bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.61)
Trend Strength:Moderate (ADX: 28.18)
Volatility:Medium (ATR: 4.42)
Support/Resistance:$146.15 – $170.66 (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): 35.61

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.76

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.60

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.48

Strongly Bearish
Sharp downside momentum.

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.18

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.42

Medium
Medium volatility, healthy price movement.

CCI (14): -154.84

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$170.66
Middle Band (SMA 20)
$158.40
Lower Band
$146.15
Current Position
Below Lower Band

Takeaway:MicroSectors FANG+ Index 2X Leveraged ETNs trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$164.57
Middle Line (EMA 20)
$155.72
Lower Channel
$146.88
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume44.58K
Money Flow Index39.53Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.88Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:FNGO shows bearish money flow, with sellers dominating volume and vigor.

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

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 ETNs shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(AMEX: FNGO) Technical Analysis FAQ