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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Countertrend Up (+85) - FESM 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 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
33.3300 33.9800 33.1900 33.8549 +0.1349
Entry Signal

MarketClub’s Trade Triangles for FESM

long term up The long-term trend has been UP since Nov 22nd, 2023 at 24.9200

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2024 at 32.2600

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 34.6572

Smart Scan Analysis for FESM

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

+85
Smart Scan Analysis for FESM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.3300 33.9800 33.1900 33.8549 +0.1349
Prev. Close Volume Bid Ask Time
33.9800 80577 2024-11-19 15:34:11
52wk High35.6752wk High Date2024-11-11
52wk Low24.5852wk Low Date2023-11-21
Average Volume146,348
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