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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Fidelity Covington Trust Fidelity Enhanced Small Cap ETF (PACF:FESM)

Strong Uptrend (+100) - FESM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FESM 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 FESM?

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

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

PACF_FESM
Open High Low FESM Price Change
29.1900 29.2299 29.0850 29.2016 -0.1284
Entry Signal

MarketClub’s Trade Triangles for FESM

long term up The long-term trend has been UP since Nov 22nd, 2023 at 24.92

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 29.12

short term up The short-term trend has been UP since May 3rd, 2024 at 28.62

Smart Scan Analysis for FESM

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

+100
Smart Scan Analysis for FESM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.1900 29.2299 29.0850 29.2016 -0.1284
Prev. Close Volume Bid Ask Time
29.3300 21151 2024-05-08 15:56:34
52wk High30.252wk High Date2024-03-28
52wk Low24.5852wk Low Date2023-11-21
Average Volume31,258
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