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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (PACF:FMDE)
Weak Uptrend (+65) - FMDE is showing signs of weakening momentum to the upside. Monitor FMDE as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for FMDE
The long-term trend has been UP since Nov 22nd, 2023 at 25.1000
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 29.4100
The short-term trend has been UP since May 3rd, 2024 at 29.2984
Smart Scan Analysis for FMDE
Based on our trend formula, FMDE is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.45 | 29.63 | 29.45 | 29.56 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.56 | 60858 | 2024-05-08 15:59:17 |
| 52wk High | 30.63 | 52wk High Date | 2024-03-28 |
| 52wk Low | 24.82 | 52wk Low Date | 2023-11-21 |
| Average Volume | 93,258 |
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