Mutual Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
FIDELITY BALANCED FUND (NASDAQ:FBALX)
Sidelines Mode (-55) - FBALX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FBALX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBALX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBALX
The long-term trend has been UP since Jun 2nd, 2020 at 24.51
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 26.66
The short-term trend has been UP since Sep 14th, 2020 at 26.84
Smart Scan Analysis for FBALX
Based on our trend formula, FBALX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||27.85||52wk High Date||2020-09-02|
|52wk Low||18.93||52wk Low Date||2020-03-23|
|Year End Close||24.6||Payment Date||2020-07-13|