Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (PACF:FMDE)
Long-Term Downtrend (-90) - FMDE is in a strong downtrend that is likely to continue. While FMDE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FMDE
The long-term trend has been DOWN since Mar 4th, 2025 at 32.0974
The intermediate-term trend has been DOWN since Feb 12th, 2025 at 33.6900
The short-term trend has been DOWN since Mar 27th, 2025 at 31.9800
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.8800 | 31.4900 | 30.6928 | 31.3550 | +0.0650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.2900 | 311495 | 2025-03-31 15:59:45 |
| 52wk High | 35.4376 | 52wk High Date | 2024-11-27 |
| 52wk Low | 28.21 | 52wk Low Date | 2024-08-05 |
| Average Volume | 549,022 |