Overall FNGU gets a technical rating of 0 out of 10. FNGU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FNGU has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.26
When analyzing the support we notice one important area.
- A support zone ranging from 23.49 to 24.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.94 to 30.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FNGU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNGU is down. |
| ChartMill Relative Strength | 5.61 | NEGATIVE | FNGU has a low relative strength, it was outperformed by 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNGU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNGU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNGU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.7 | NEUTRAL | The RSI value for FNGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FNGU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.85 | NEUTRAL | The Stochastics value for FNGU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for FNGU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for FNGU suggests a possible start of a new trend. |
26.55
-0.1 (-0.38%)
MS FANG+ 3X LEVERAGED ETN / FNGU FAQ
What is the ChartMill technical rating of MS FANG+ 3X LEVERAGED ETN (FNGU) stock?
ChartMill assigns a technical rating of 0 / 10 to FNGU.
What is the trend direction for FNGU stock?
The current trend direction for MS FANG+ 3X LEVERAGED ETN (FNGU) is Bearish.
What is the RSI signal for FNGU stock?
MS FANG+ 3X LEVERAGED ETN (FNGU) has an RSI value of 43.7005. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MS FANG+ 3X LEVERAGED ETN?
The short term momentum for MS FANG+ 3X LEVERAGED ETN (FNGU) is negative.
Can you provide the buy/sell signal for MS FANG+ 3X LEVERAGED ETN?
The buy/sell signal for MS FANG+ 3X LEVERAGED ETN (FNGU) is sell as both the short term and long term trends are negative.