FNGO NEWS why is Microsectors Fang+ 2x Etn price falling or rising

FNGO NEWS reasons for why stock price of Microsectors Fang+ 2x Etn is falling or rising

FNGO Microsectors Fang is falling or rising technical reasons

Technical analysis forecast for Microsectors Fang Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Microsectors Fang FNGO at this time. Stock is falling and might fall more.

It appears as if Microsectors Fang FNGO gave a large move recently.

Stock of Microsectors Fang (FNGO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Microsectors Fang is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Microsectors Fang stays below 79.3, but if it comes above 79.3, then a intra day buy could be more profitable.
If you take a sell trade below 79.3, then use 79.3 as stoploss and 68.1 as target. However if you take a buy trade in Microsectors Fang, then use 79.3 as stoploss and 88.59 as target.

FNGO Microsectors Fang is falling or rising NEWS fundamental reasons

More announcements and NEWS

FNGO Microsectors Fang+ 2x Etn current price & indicator signals

Moving Averages for Microsectors Fang+ 2x Etn

5Day Average: 79.89
12Day Average: 85.88
20Day Average: 92.19
50Day Average: 94.15
100Day Average: 89.25
150Day Average: 82.03
200Day Average: 79.43

FNGO Indicators & signals

Indicator MACD (12,26,9)

85.08, 90.06, -2.98
Indicator MACD is in negative zone

Indicator ADX (14)

63.27, 8.82, 39.22
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FNGO Microsectors Fang+ 2x Etn are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
07 Fri Mar 2025	76.37	71.82 to 77.78	-0.38%	0.91 times
06 Thu Mar 2025	76.66	75.49 to 81.55	-7.69%	1.44 times
05 Wed Mar 2025	83.05	78.86 to 83.59	1.28%	1.06 times
04 Tue Mar 2025	82.00	75.61 to 83.91	0.75%	1.94 times
03 Mon Mar 2025	81.39	80.20 to 88.42	-5.75%	0.67 times
28 Fri Feb 2025	86.36	82.60 to 86.56	3.62%	0.54 times
27 Thu Feb 2025	83.34	83.34 to 92.10	-7.99%	1.21 times
26 Wed Feb 2025	90.58	88.23 to 91.70	3.98%	0.62 times
25 Tue Feb 2025	87.11	85.00 to 89.23	-3.04%	0.68 times
24 Mon Feb 2025	89.84	89.84 to 95.43	-4.43%	0.83 times
21 Fri Feb 2025	94.00	93.17 to 100.21	-5.91%	1.01 times
20 Thu Feb 2025	99.90	97.28 to 101.99	-1.74%	0.23 times