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FNGO
ETF ticker: NYSE ARCA
AS OF
Jan 22, 03:00 PM (EDT)
Price
$101.33
Change
+$5.18 (+5.39%)
Net Assets
466.59M

FNGO stock forecast, quote, news & analysis

Category: @Trading
FNGO
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 FNGO with price predictions
Jan 08, 2025

Momentum Indicator for FNGO turns negative, indicating new downward trend

FNGO saw its Momentum Indicator move below the 0 level on January 07, 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 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

The Moving Average Convergence Divergence Histogram (MACD) for FNGO turned negative on December 27, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where FNGO'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGO advanced for three days, in of 384 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 362 cases where FNGO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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 to approximate the returns that might be available to investors through a leveraged “long” investment in the NYSE FANG+™ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. 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+™ 2X Leveraged ETN ETF is 1.44T. The market cap for tickers in the group ranges from 36.81B to 3.45T. NVDA holds the highest valuation in this group at 3.45T. 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+™ 2X Leveraged ETN ETF was 12%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 90%. TSLA experienced the highest price growth at 7%, while AAPL experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the MicroSectors™ FANG+™ 2X Leveraged ETN ETF was 23%. For the same stocks of the ETF, the average monthly volume growth was -40% and the average quarterly volume growth was -35%

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: 54
Price Growth Rating: 42
SMR Rating: 39
Profit Risk Rating: 38
Seasonality Score: 30 (-100 ... +100)
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FNGO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

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