Index Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Fidelity U.S. Low Volatility Factor Index (CME:FIDUSLVP)
Long-Term Downtrend (-90) - FIDUSLVP is in a strong downtrend that is likely to continue. While FIDUSLVP 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 FIDUSLVP?
MarketClub looks at technical strength and momentum to determine if the timing is right for FIDUSLVP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FIDUSLVP
The long-term trend has been DOWN since Oct 2nd, 2023 at 344.50
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 355.73
The short-term trend has been DOWN since Oct 2nd, 2023 at 344.50
Smart Scan Analysis for FIDUSLVP
Based on our trend formula, FIDUSLVP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).