Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Fidelity Covington Trust Fidelity Enhanced Large Cap Growth ETF (PACF:FELG)
Strong Uptrend (+100) - FELG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FELG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid FELG?
MarketClub looks at technical strength and momentum to determine if the timing is right for FELG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FELG
The long-term trend has been UP since Dec 8th, 2023 at 25.4700
The intermediate-term trend has been UP since May 6th, 2024 at 29.5504
The short-term trend has been UP since May 3rd, 2024 at 28.9300
Smart Scan Analysis for FELG
Based on our trend formula, FELG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.4000 | 29.5499 | 29.3932 | 29.5100 | -0.0200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.5300 | 123845 | 2024-05-08 15:58:11 |
| 52wk High | 29.93 | 52wk High Date | 2024-03-21 |
| 52wk Low | 24.89 | 52wk Low Date | 2023-12-05 |
| Average Volume | 200,420 |