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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Fidelity MSCI Materials Index ETF (PACF:FMAT)
Bull Market Weakness (+75) - FMAT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FMAT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FMAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FMAT
The long-term trend has been DOWN since Oct 2nd, 2023 at 43.54
The intermediate-term trend has been UP since Nov 14th, 2023 at 44.47
The short-term trend has been UP since Dec 8th, 2023 at 46.30
Smart Scan Analysis for FMAT
Based on our trend formula, FMAT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.980 | 46.420 | 45.980 | 46.208 | +0.128 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.180 | 75059 | 2023-12-08 15:45:23 |
| Year High | 37.11 | Year High Date | 2018-01-29 |
| Year Low | 28.72 | Year Low Date | 2018-10-26 |
| 52wk High | 48.58 | 52wk High Date | 2023-02-01 |
| 52wk Low | 41.62 | 52wk Low Date | 2023-10-23 |
| Average Volume | 44,953 | Volatility | 23 |