Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Fidelity U.S. Momentum Factor Index (CME:FIDUSMOP)
Countertrend Up (+85) - FIDUSMOP 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 FIDUSMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for FIDUSMOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FIDUSMOP
The long-term trend has been UP since Apr 27th, 2021 at 335.74
The intermediate-term trend has been UP since Jun 1st, 2021 at 327.93
The short-term trend has been DOWN since Jun 16th, 2021 at 327.83
Smart Scan Analysis for FIDUSMOP
Based on our trend formula, FIDUSMOP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).