MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
MicroSectors FANG+ Index -3X Inverse Leveraged ETN is trading at $28.51, up 6.34% on the session. The 50 day average sits at $25.86 and the 200 day at $42.85, which puts the stock in a downtrend. RSI is at 63, which reads as strong, and MACD is bullish crossover. Volume is below average.
The nearest support is around $27.48 with resistance near $29.15, so that band frames the current range. Average daily movement is roughly $1.35, or about 4.7% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 20, momentum of 88 and a risk score of 40.
Technical indicators
About MicroSectors FANG+ Index -3X Inverse Leveraged ETN
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.