Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

MicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8, 2038 (PACF:FNGD)

Long-Term Downtrend (-90) - FNGD is in a strong downtrend that is likely to continue. While FNGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FNGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for FNGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_FNGD
Open High Low FNGD Price Change
6.60 6.85 6.55 6.83 +0.09
Entry Signal

MarketClub’s Trade Triangles for FNGD

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 7.82

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2023 at 8.51

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 6.67

Smart Scan Analysis for FNGD

Based on our trend formula, FNGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FNGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.60 6.85 6.55 6.83 +0.09
Prev. Close Volume Bid Ask Time
6.74 8589210 2023-11-29 15:59:51
Year High57.77Year High Date2018-02-06
Year Low21.35Year Low Date2018-06-21
52wk High68.8752wk High Date2023-01-06
52wk Low6.5252wk Low Date2023-11-22
Average Volume9,464,639Assets113,919,900M
Liabilities106,816,100MVolatility125.65
Get a free daily analysis and signals for MicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) - Request Your Free Report.