Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
MicroSectors FANG Index -2X Inverse Leveraged ETNs (PACF:FNGZ)
Sidelines Mode (-55) - FNGZ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FNGZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNGZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNGZ
The long-term trend has been DOWN since Sep 18th, 2019 at 42.34
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 5.48
The short-term trend has been UP since Feb 17th, 2021 at 3.24
Smart Scan Analysis for FNGZ
Based on our trend formula, FNGZ is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||61.26||Year High Date||2018-10-29|
|Year Low||45.94||Year Low Date||2018-08-08|
|52wk High||36.38||52wk High Date||2020-03-17|
|52wk Low||3.055||52wk Low Date||2021-02-16|