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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Fidelity Covington Trust Fidelity Enhanced Large Cap Value ETF (PACF:FELV)

Long-Term Uptrend (+90) - FELV is in a strong uptrend that is likely to continue. While FELV 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 FELV?

MarketClub looks at technical strength and momentum to determine if the timing is right for FELV.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_FELV
Open High Low FELV Price Change
28.380 28.490 28.380 28.420 +0.025
Entry Signal

MarketClub’s Trade Triangles for FELV

long term up The long-term trend has been UP since Nov 22nd, 2023 at 25.0500

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 28.3499

short term up The short-term trend has been UP since May 3rd, 2024 at 28.2200

Smart Scan Analysis for FELV

Based on our trend formula, FELV is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for FELV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.380 28.490 28.380 28.420 +0.025
Prev. Close Volume Bid Ask Time
28.421 79573 2024-05-07 15:55:53
52wk High29.268852wk High Date2024-03-28
52wk Low24.8552wk Low Date2023-11-21
Average Volume95,757
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