MICROSECTORS FANG+ INDEX 3X (FNGU) Stock Technical Analysis
NYSEARCA:FNGU - NYSE Arca - US0636795348 - ETF - Currency: USD
Taking everything into account, FNGU scores 4 out of 10 in our technical rating. Although FNGU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month FNGU has a been trading in the 477.00 - 690.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that FNGU is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by FNGU over the past year are nicely spread over this period.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
FNGU is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
FNGU has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
386.46
701.95
3 important support areas can be observed.
- Support @499.16 from a horizontal line in the daily time frame.
- Support @418.48 from a trend line in the weekly time frame.
- Support @390.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @677.56 from a horizontal line in the daily time frame.
- Resistance @695.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.98
Mansfield1.09
10 Day High690.46
10 Day Low477
20 Day High690.46
20 Day Low477
52 Week High697.87
52 Week Low252.33
Performance
1 Week-11.54%
2 Weeks-23.2%
1 Month-15.56%
3 Month3.05%
6 Month35.06%
12 Month53.16%
2 Year605.24%
3 Year144.51%
5 Year647.86%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-18.02
RSI(14)37.38
LBB486.2
UBB741.93
523.5
+24.33 (+4.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.87%
1 Week-11.54%
2 Weeks-23.2%
1 Month-15.56%
3 Month3.05%
6 Month35.06%
12 Month53.16%
2 Year605.24%
3 Year144.51%
5 Year647.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)41.59
ATR(20)%7.41%
ATR Inc89.41%
Range Today48
ADR(20)36.72
ADR(20)%7.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.98
Mansfield1.09
10 Day High690.46
10 Day Low477
20 Day High690.46
20 Day Low477
52 Week High697.87
52 Week Low252.33
CS1 End499.16
CR1 Start677.56
Volume & EV
DER(3)-0.2%
DER(5)-2.35%
Volume1.23M
Volume Incr64.92%
Vol(5)1.07M
Vol(50)730.12K