Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Fidelity/Claymore MLP Opportunity Fund (NYSE:FMO)
Sidelines Mode (+55) - FMO 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 FMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMO
The long-term trend has been DOWN since May 28th, 2019 at 9.88
The intermediate-term trend has been UP since Apr 9th, 2020 at 1.64
The short-term trend has been DOWN since May 29th, 2020 at 2.06
Smart Scan Analysis for FMO
Based on our trend formula, FMO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.43||Year High Date||2018-01-24|
|Year Low||9.15||Year Low Date||2018-11-28|
|52wk High||10.99||52wk High Date||2019-04-08|
|52wk Low||0.6183||52wk Low Date||2020-03-18|
|Year End Close||21.77||Average Volume||884,037|
|Shares Outstanding||16,500||% Institutional||15|