Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
Fidelity Magellan ETF (BATS:FMAG)
Long-Term Uptrend (+90) - FMAG is in a strong uptrend that is likely to continue. While FMAG 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 FMAG?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMAG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FMAG
The long-term trend has been UP since Nov 13th, 2023 at 22.60
The intermediate-term trend has been UP since May 7th, 2024 at 27.88
The short-term trend has been UP since May 6th, 2024 at 27.39
Smart Scan Analysis for FMAG
Based on our trend formula, FMAG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.33 | 28.43 | 28.25 | 28.25 | -0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.23 | 24320 | 2024-05-16 15:59:45 |
| 52wk High | 28.42 | 52wk High Date | 2024-05-15 |
| 52wk Low | 19.97 | 52wk Low Date | 2023-05-24 |
| Average Volume | 53,078 |