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FNGD
ETF ticker: NYSE ARCA
AS OF
Dec 23, 04:59 PM (EDT)
Price
$12.63
Change
-$0.51 (-3.88%)
Net Assets
104.96M

FNGD stock forecast, quote, news & analysis

Category: @Trading
FNGD
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for FNGD with price predictions
Dec 20, 2024

Momentum Indicator for FNGD turns negative, indicating new downward trend

FNGD saw its Momentum Indicator move below the 0 level on December 02, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned negative. In of the 74 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FNGD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for FNGD entered a downward trend on December 20, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FNGD's RSI Indicator exited the oversold zone, of 51 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where FNGD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FNGD just turned positive on December 19, 2024. Looking at past instances where FNGD's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGD advanced for three days, in of 237 cases, the price rose further within the following month. The odds of a continued upward trend are .

FNGD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX), Alibaba Group Holding Limited (NYSE:BABA), Twitter (NYSE:TWTR), Baidu (NASDAQ:BIDU).

Industry description

The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.

Market Cap

The average market capitalization across the MicroSectors™ FANG+™ -3X Invrs Lvrgd ETN ETF is 1.41T. The market cap for tickers in the group ranges from 36.81B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is BIDU at 36.81B.

High and low price notable news

The average weekly price growth across all stocks in the MicroSectors™ FANG+™ -3X Invrs Lvrgd ETN ETF was 6%. For the same ETF, the average monthly price growth was 22%, and the average quarterly price growth was 120%. AAPL experienced the highest price growth at 3%, while BABA experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the MicroSectors™ FANG+™ -3X Invrs Lvrgd ETN ETF was 81%. For the same stocks of the ETF, the average monthly volume growth was 76% and the average quarterly volume growth was -28%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 77
P/E Growth Rating: 50
Price Growth Rating: 28
SMR Rating: 39
Profit Risk Rating: 37
Seasonality Score: -2 (-100 ... +100)
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FNGD
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
100 King Street West, 1 First Canadian PlaceToronto, Ontario, M5X 1A1.Toronto
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