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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (PACF:FMDE)
Countertrend Up (+85) - FMDE 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 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 Aug 22nd, 2024 at 30.94
The intermediate-term trend has been UP since Sep 17th, 2024 at 31.50
The short-term trend has been DOWN since Nov 14th, 2024 at 34.37
Smart Scan Analysis for FMDE
Based on our trend formula, FMDE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.67 | 34.01 | 33.60 | 33.96 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.97 | 86278 | 2024-11-19 15:58:11 |
| 52wk High | 34.8599 | 52wk High Date | 2024-11-11 |
| 52wk Low | 24.82 | 52wk Low Date | 2023-11-21 |
| Average Volume | 191,487 |