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Stock Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
Fidelity Disruptive Medicine ETF (NASDAQ:FMED)
Bull Market Weakness (+75) - FMED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FMED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FMED?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FMED
The long-term trend has been DOWN since Apr 19th, 2024 at 23.461
The intermediate-term trend has been UP since May 7th, 2024 at 24.784
The short-term trend has been UP since May 15th, 2024 at 24.573
Smart Scan Analysis for FMED
Based on our trend formula, FMED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.606 | 24.645 | 24.449 | 24.549 | -0.069 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.550 | 0 | 2024-05-17 16:29:45 |
| 52wk High | 25.73 | 52wk High Date | 2023-06-16 |
| 52wk Low | 19.88 | 52wk Low Date | 2023-10-30 |
| Average Volume | 5,575 |