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FNGO
ETF ticker: NYSE ARCA
AS OF
Dec 20 closing price
Price
$95.00
Change
+$0.01 (+0.01%)
Net Assets
473.41M

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
A.I.Advisor
a Summary for FNGO with price predictions
Dec 20, 2024

FNGO's Stochastic Oscillator slumps oversold zone

The Stochastic Oscillator for FNGO moved into oversold territory on December 20, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 02, 2024. You may want to consider a long position or call options on FNGO as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 371 cases where FNGO 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 10-day RSI Indicator for FNGO moved out of overbought territory on December 18, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 51 similar instances where the indicator moved out of overbought territory. In of the 51 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for FNGO turned negative on December 20, 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 49 similar instances when the indicator turned negative. In of the 49 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 .

FNGO broke above its upper Bollinger Band on December 16, 2024. 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), 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 1.41T. 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+™ 2X Leveraged ETN ETF was -4%. For the same ETF, the average monthly price growth was 15%, and the average quarterly price growth was 33%. 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+™ 2X Leveraged 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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FNGO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

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