
Technical analysis of MicroSectors Solactive FANG Innovation 3X Leveraged ETNs (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
BULZ is an Exchange Traded Note (ETN) that provides 3x leveraged exposure to securities included in the Solactive FANG Innovation index, tracking the underlying index movements with a multiplying effect. The instrument falls within the category of structured financial products with financial leverage in the equity trading segment.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
42.62 $
−15.17%
50 sessions
40.02 $
−9.67%
200 sessions
33.22 $
+8.82%
s2
35.24
Support
s1
35.93
Support
pivot
36.86
Pivot
r1
37.55
Resistance
r2
38.48
Resistance
In the October 20, 2026 session MicroSectors Solactive FANG Innovation 3X Leveraged ETNs closed lower at 36.15 $, −1.26% versus the previous session.
The price sits mixed against its moving averages: −15.17% against the 21-session average, −9.67% against the 50 and +8.82% against the 200.
The 14-period RSI reads 37.9, in neutral territory.
MACD stands at -0.951 against a signal line at 0.257: the histogram is negative (−1.208).
ADX reads 21.4, indicating weak directionality.
Levels computed on the latest session place supports at 35.93 and 35.24 $ and resistances at 37.55 and 38.48 $, around a pivot of 36.86.
The average daily range (ATR) is 2.622 $, or 7.25% of price.
Turnover was 268.9K shares, 64% of the 20-session average.
Over the last twelve months the price ranged between 24.61 and 56.09 $, and today stands −35.55% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the BULZ analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is MicroSectors Solactive FANG Innovation 3X Leveraged ETNs analysed technically?
Technical analysis of MicroSectors Solactive FANG Innovation 3X Leveraged ETNs is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for MicroSectors Solactive FANG Innovation 3X Leveraged ETNs?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to MicroSectors Solactive FANG Innovation 3X Leveraged ETNs?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to MicroSectors Solactive FANG Innovation 3X Leveraged ETNs it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.