FNGG Price Prediction, Direxion Daily NYSE FANG+ Bull 2X Shares AI Recommendations

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

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.

The average market capitalization across the Direxion Daily NYSE FANG+ Bull 2X Shares ETF is 1.55T. The market cap for tickers in the group ranges from 53.65B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is SNOW at 53.65B.

The average weekly price growth across all stocks in the Direxion Daily NYSE FANG+ Bull 2X Shares ETF was 16%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 26%. AVGO experienced the highest price growth at 22%, while AAPL experienced the biggest fall at 1%.

The average weekly volume growth across all stocks in the Direxion Daily NYSE FANG+ Bull 2X Shares ETF was -41%. For the same stocks of the ETF, the average monthly volume growth was -20% and the average quarterly volume growth was -61%