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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (PACF:FMDE)

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

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

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

PACF_FMDE
Open High Low FMDE Price Change
34.300 34.300 34.120 34.155 +0.175
Entry Signal

MarketClub’s Trade Triangles for FMDE

long term up The long-term trend has been UP since Aug 22nd, 2024 at 30.9400

intermediate term up The intermediate-term trend has been UP since Jan 15th, 2025 at 33.5899

short term up The short-term trend has been UP since Jan 14th, 2025 at 33.2100

Smart Scan Analysis for FMDE

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

+90
Smart Scan Analysis for FMDE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.300 34.300 34.120 34.155 +0.175
Prev. Close Volume Bid Ask Time
34.130 168422 2025-01-17 15:59:38
52wk High35.437652wk High Date2024-11-27
52wk Low26.9252wk Low Date2024-01-19
Average Volume659,254
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