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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Fidelity Magellan ETF (BATS:FMAG)

Sidelines Mode (-55) - FMAG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
31.72 31.72 31.68 31.69 -0.13
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 down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 31.5241

short term up The short-term trend has been UP since Dec 24th, 2024 at 31.5300

Smart Scan Analysis for FMAG

Based on our trend formula, FMAG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FMAG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.72 31.72 31.68 31.69 -0.13
Prev. Close Volume Bid Ask Time
31.82 13951 2024-12-26 09:59:40
52wk High32.46552wk High Date2024-12-04
52wk Low23.5152wk Low Date2024-01-05
Average Volume54,045
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