Mutual Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
FIDELITY SELECT BIOTECHNOLOGY PT (NASDAQ:FBIOX)
Countertrend Up (+85) - FBIOX 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 FBIOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBIOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBIOX
The long-term trend has been UP since May 22nd, 2020 at 23.08
The intermediate-term trend has been UP since Apr 6th, 2020 at 18.92
The short-term trend has been DOWN since May 27th, 2020 at 22.96
Smart Scan Analysis for FBIOX
Based on our trend formula, FBIOX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||23.22||52wk High Date||2019-12-17|
|52wk Low||16.18||52wk Low Date||2020-03-16|
|Year End Close||219.41||Payment Date||2019-12-23|