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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Fidelity Magellan ETF (BATS:FMAG)

Bull Market Weakness (+75) - FMAG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FMAG as it may be in the beginning stages of a reversal.

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
27.39 27.53 27.34 27.53 +0.45
Entry Signal

MarketClub’s Trade Triangles for FMAG

long term up The long-term trend has been UP since Nov 13th, 2023 at 22.600

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 27.485

short term up The short-term trend has been UP since Apr 24th, 2024 at 27.210

Smart Scan Analysis for FMAG

Based on our trend formula, FMAG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for FMAG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.39 27.53 27.34 27.53 +0.45
Prev. Close Volume Bid Ask Time
27.08 30398 2024-04-26 12:52:04
52wk High28.3552wk High Date2024-03-21
52wk Low19.5652wk Low Date2023-04-26
Average Volume52,021
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