Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Fidelity MSCI Materials Index ETF (PACF:FMAT)
Long-Term Uptrend (+90) - FMAT is in a strong uptrend that is likely to continue. While FMAT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FMAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FMAT
The long-term trend has been UP since Dec 14th, 2023 at 47.360
The intermediate-term trend has been UP since May 7th, 2024 at 51.325
The short-term trend has been UP since May 6th, 2024 at 50.800
Smart Scan Analysis for FMAT
Based on our trend formula, FMAT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.230 | 51.360 | 51.180 | 51.251 | -0.189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.240 | 21063 | 2024-05-08 15:48:50 |
| Year High | 37.11 | Year High Date | 2018-01-29 |
| Year Low | 28.72 | Year Low Date | 2018-10-26 |
| 52wk High | 52.7677 | 52wk High Date | 2024-04-04 |
| 52wk Low | 41.62 | 52wk Low Date | 2023-10-23 |
| Average Volume | 42,348 | Volatility | 23 |