Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
MicroSectors FANG Index -2X Inverse Leveraged ETNs due January 8, 2038 (PACF:FNGZ)
Strong Downtrend (-100) - FNGZ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 42.3400
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 2.7700
The short-term trend has been DOWN since Oct 7th, 2021 at 2.9498
Smart Scan Analysis for FNGZ
Based on our trend formula, FNGZ is rated as a -100 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||6.41||52wk High Date||2020-11-02|
|52wk Low||2.58||52wk Low Date||2021-09-07|