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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Fidelity Magellan ETF (BATS:FMAG)

Countertrend Up (+85) - FMAG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid FMAG?

MarketClub looks at technical strength and momentum to determine if the timing is right for FMAG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_FMAG
Open High Low FMAG Price Change
30.940 31.320 30.860 31.315 +0.225
Entry Signal

MarketClub’s Trade Triangles for FMAG

long term up The long-term trend has been UP since Nov 13th, 2023 at 22.6000

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 31.6300

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 31.9401

Smart Scan Analysis for FMAG

Based on our trend formula, FMAG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for FMAG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.940 31.320 30.860 31.315 +0.225
Prev. Close Volume Bid Ask Time
31.330 41811 2024-11-19 15:59:31
52wk High32.31952wk High Date2024-11-11
52wk Low22.93552wk Low Date2023-12-04
Average Volume59,792
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