Momentum Indicator for FNGD turns negative, indicating new downward trend
FNGD saw its Momentum Indicator move below the 0 level on June 23, 2025. 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 78 similar instances where the indicator turned negative. In of the 78 cases, the stock moved further down in the following days. The odds of a decline are at .
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 July 09, 2025. 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 Oscillator exited the oversold zone, of 44 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGD advanced for three days, in of 252 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.
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General Information
Category Trading
FNGD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FNGD has been closely correlated with SQQQ. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if FNGD jumps, then SQQQ could also see price increases.
| Ticker / NAME | Correlation To FNGD | 1D Price Change % | ||
|---|---|---|---|---|
| FNGD | 100% | -3.04% | ||
| SQQQ - FNGD | 95% Closely correlated | -2.05% | ||
| SH - FNGD | 86% Closely correlated | -0.61% | ||
| SDS - FNGD | 83% Closely correlated | -1.15% | ||
| SPXS - FNGD | 81% Closely correlated | -1.93% | ||
| NVDD - FNGD | 74% Closely correlated | -1.74% | ||
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