Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Fidelity Momentum Factor ETF (PACF:FDMO)
Bear Market Rally (-75) - FDMO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FDMO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FDMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDMO
The long-term trend has been DOWN since Oct 13th, 2022 at 41.069
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 43.820
The short-term trend has been UP since Mar 16th, 2023 at 43.215
Smart Scan Analysis for FDMO
Based on our trend formula, FDMO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||35.68||Year High Date||2018-10-01|
|Year Low||29.81||Year Low Date||2018-02-09|
|52wk High||52.3496||52wk High Date||2022-03-29|
|52wk Low||40.02||52wk Low Date||2022-06-17|