Mutual Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
FIDELITY MID-CAP ENHANCED INDEX FUND (NASDAQ:FMEIX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FMEIX
The long term trend has been DOWN since Feb 5th, 2018 at 15.35
The intermediate term trend has been UP since Feb 26th, 2018 at 15.86
The short term trend has been DOWN since Feb 27th, 2018 at 15.80
Smart Scan Analysis for FMEIX
Based on a pre-defined weighted trend formula for chart analysis, FMEIX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.64||52wk High Date||2018-01-26|
|52wk Low||14.41||52wk Low Date||2017-04-13|
|Year End Close||15.65||Payment Date||2017-12-11|