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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Fidelity Covington Trust Fidelity Enhanced Large Cap Growth ETF (PACF:FELG)

Countertrend Up (+85) - FELG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

PACF_FELG
Open High Low FELG Price Change
34.0200 34.5600 34.0200 34.5252 +0.3152
Entry Signal

MarketClub’s Trade Triangles for FELG

long term up The long-term trend has been UP since Dec 8th, 2023 at 25.47

intermediate term up The intermediate-term trend has been UP since Aug 19th, 2024 at 32.20

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 34.86

Smart Scan Analysis for FELG

Based on our trend formula, FELG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for FELG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.0200 34.5600 34.0200 34.5252 +0.3152
Prev. Close Volume Bid Ask Time
34.5200 132486 2024-11-19 15:59:16
52wk High35.2352wk High Date2024-11-13
52wk Low24.8952wk Low Date2023-12-05
Average Volume231,963
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