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FNGG
ETF ticker: NYSE ARCA
AS OF
Feb 3 closing price
Price
$186.54
Change
-$64.01 (-25.55%)
Net Assets
108.05M

FNGG Direxion Daily NYSE FANG+ Bull 2X Shares Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results of 200% of the daily performance of the NYSE FANG+ Index... Show more

Category: #Trading
FNGG
Daily Signal:
Gain/Loss:
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A.I.Advisor
a Summary for FNGG with price predictions
Feb 02, 2026

FNGG's Indicator enters downward trend

The Aroon Indicator for FNGG entered a downward trend on January 30, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 147 similar instances where the Aroon Indicator formed such a pattern. In of the 147 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where FNGG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on January 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FNGG as a result. In of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FNGG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FNGG's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FNGG just turned positive on January 27, 2026. Looking at past instances where FNGG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGG advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .

FNGG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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FNGG
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Gain/Loss:
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/
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FNGG and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, FNGG has been closely correlated with QLD. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if FNGG jumps, then QLD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FNGG
1D Price
Change %
FNGG100%
-2.82%
QLD - FNGG
95%
Closely correlated
-3.12%
TQQQ - FNGG
95%
Closely correlated
-4.68%
SSO - FNGG
89%
Closely correlated
-1.74%
QULL - FNGG
86%
Closely correlated
N/A
SOXL - FNGG
83%
Closely correlated
-6.13%
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