Mutual Trend Analysis Report
Prepared for you on Friday, December 2, 2022.
FIDELITY INSTITUTIONAL MONEY MARKET FUNDS: TAX-EXEMPT CL I (NASDAQ:FTCXX)
Weak Downtrend (-65) - FTCXX is showing signs of a strengthening downtrend. Monitor FTCXX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FTCXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTCXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTCXX
The long-term trend has been UP since Feb 14th, 2022 at 0.01
The intermediate-term trend has been DOWN since Oct 28th, 2022 at 2.18
The short-term trend has been DOWN since Nov 10th, 2022 at 2.10
Smart Scan Analysis for FTCXX
Based on our trend formula, FTCXX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.29||52wk High Date||2022-10-07|
|52wk Low||0.01||52wk Low Date||2022-02-11|