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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Fidelity Covington Trust Fidelity Enhanced Large Cap Core ETF (PACF:FELC)
Long-Term Uptrend (+90) - FELC is in a strong uptrend that is likely to continue. While FELC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FELC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FELC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FELC
The long-term trend has been UP since Nov 22nd, 2023 at 25.1320
The intermediate-term trend has been UP since May 7th, 2024 at 29.0878
The short-term trend has been UP since May 3rd, 2024 at 28.6500
Smart Scan Analysis for FELC
Based on our trend formula, FELC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.120 | 29.125 | 29.010 | 29.055 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.060 | 347952 | 2024-05-07 15:59:46 |
| 52wk High | 29.6 | 52wk High Date | 2024-04-01 |
| 52wk Low | 24.81 | 52wk Low Date | 2023-11-21 |
| Average Volume | 560,761 |