Mutual Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
FIDELITY ADVISOR MORTGAGE SECURITIES FUND - CLASS M (NASDAQ:FMSAX)
Long-Term Downtrend (-90) - FMSAX is in a strong downtrend that is likely to continue. While FMSAX 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 FMSAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMSAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMSAX
The long-term trend has been DOWN since Oct 8th, 2021 at 11.46
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 11.37
The short-term trend has been DOWN since Nov 10th, 2021 at 11.42
Smart Scan Analysis for FMSAX
Based on our trend formula, FMSAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.59||52wk High Date||2020-12-18|
|52wk Low||11.32||52wk Low Date||2021-11-23|
|Year End Close||11.58||Payment Date||2021-10-11|