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FNGU
ETF ticker: NYSE ARCA
AS OF
Dec 17, 04:59 PM (EDT)
Price
$668.51
Change
-$26.49 (-3.81%)
Net Assets
9.03B

FNGU stock forecast, quote, news & analysis

Category: @Trading
FNGU
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for FNGU with price predictions
Dec 17, 2024

FNGU's Stochastic Oscillator is staying in overbought zone for 10 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

FNGU 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.

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 FNGU as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FNGU just turned positive on December 04, 2024. Looking at past instances where FNGU's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGU advanced for three days, in of 378 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 342 cases where FNGU 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 return linked to a three times leveraged participation in the daily performance of the NYSE FANG+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. 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+™ 3X Leveraged ETN ETF is 1.41T. The market cap for tickers in the group ranges from 36.81B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. 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+™ 3X Leveraged ETN ETF was 16%. For the same ETF, the average monthly price growth was 40%, and the average quarterly price growth was 54%. TSLA experienced the highest price growth at 20%, while NVDA experienced the biggest fall at -3%.

Volume

The average weekly volume growth across all stocks in the MicroSectors™ FANG+™ 3X Leveraged ETN ETF was 26%. For the same stocks of the ETF, the average monthly volume growth was -7% and the average quarterly volume growth was -29%

Fundamental Analysis Ratings

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

Valuation Rating: 76
P/E Growth Rating: 50
Price Growth Rating: 23
SMR Rating: 39
Profit Risk Rating: 36
Seasonality Score: -14 (-100 ... +100)
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FNGU
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
Address
100 King Street West, 1 First Canadian PlaceToronto, Ontario, M5X 1A1.Toronto
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