We assign a technical rating of 3 out of 10 to FNGD. In the past year, FNGD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of FNGD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.60
We found 2 important support areas.
- A support zone ranging from 4.79 to 4.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.65 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @8.30 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FNGD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNGD is up. |
| ChartMill Relative Strength | 14.55 | NEGATIVE | FNGD has a low relative strength, it was outperformed by 85.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNGD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNGD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNGD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.68 | NEUTRAL | The RSI value for FNGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests FNGD has a positive trend. |
| Stochastics (14,3) | 94.74 | OVERBOUGHT | The high Stochastics value suggests FNGD may be overbought. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for FNGD suggests high volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for FNGD suggests a weak or negative trend. |
5.55
+0.3 (+5.71%)
MICROSECTORS FANG+ INDEX -3X / FNGD FAQ
What is the ChartMill technical rating of MICROSECTORS FANG+ INDEX -3X (FNGD) stock?
ChartMill assigns a technical rating of 3 / 10 to FNGD.
What is the trend direction for FNGD stock?
The current trend direction for MICROSECTORS FANG+ INDEX -3X (FNGD) is Bearish.
Can you provide the RSI signal for MICROSECTORS FANG+ INDEX -3X?
MICROSECTORS FANG+ INDEX -3X (FNGD) has an RSI value of 68.677. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MICROSECTORS FANG+ INDEX -3X?
The buy/sell signal for MICROSECTORS FANG+ INDEX -3X (FNGD) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for MICROSECTORS FANG+ INDEX -3X (FNGD) stock?
MICROSECTORS FANG+ INDEX -3X (FNGD) has a support level at 4.86 and a resistance level at 8.3. Check the full technical report for our detailed analysis of FNGD support and resistance levels.