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FNGG
ETF ticker: NYSE ARCA
AS OF
Feb 21, 04:59 PM (EDT)
Price
$184.20
Change
-$11.67 (-5.96%)
Net Assets
103.73M

FNGG stock forecast, quote, news & analysis

Category: @Trading
FNGG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for FNGG with price predictions
Feb 20, 2025

Momentum Indicator for FNGG turns positive, indicating new upward trend

FNGG saw its Momentum Indicator move above the 0 level on February 12, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 54 similar instances where the indicator turned positive. In of the 54 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FNGG just turned positive on February 10, 2025. Looking at past instances where FNGG's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .

FNGG moved above its 50-day moving average on January 15, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGG advanced for three days, in of 232 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 182 cases where FNGG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 44 cases where FNGG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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

FNGG broke above its upper Bollinger Band on January 22, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX).

Industry description

The investment seeks daily investment results of 200% of the daily performance of the NYSE FANG+ Index. The index is an equal-dollar weighted Index designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.

Market Cap

The average market capitalization across the Direxion Daily NYSE FANG+ Bull 2X Shares ETF is 1.67T. The market cap for tickers in the group ranges from 53.65B to 3.29T. NVDA holds the highest valuation in this group at 3.29T. The lowest valued company is SNOW at 53.65B.

High and low price notable news

The average weekly price growth across all stocks in the Direxion Daily NYSE FANG+ Bull 2X Shares ETF was 0%. For the same ETF, the average monthly price growth was 10%, and the average quarterly price growth was 54%. NVDA experienced the highest price growth at 4%, while META experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the Direxion Daily NYSE FANG+ Bull 2X Shares ETF was -28%. For the same stocks of the ETF, the average monthly volume growth was -38% and the average quarterly volume growth was -39%

Fundamental Analysis Ratings

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

Valuation Rating: 81
P/E Growth Rating: 53
Price Growth Rating: 32
SMR Rating: 39
Profit Risk Rating: 19
Seasonality Score: -69 (-100 ... +100)
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FNGG
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/