Mutual Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
FIDELITY 500 INDEX FUND (NASDAQ:FXAIX)
Countertrend Up (+85) - FXAIX 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 FXAIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXAIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXAIX
The long-term trend has been UP since Jun 5th, 2020 at 108.89
The intermediate-term trend has been UP since Apr 6th, 2020 at 91.63
The short-term trend has been UP since Jul 29th, 2020 at 112.40
Smart Scan Analysis for FXAIX
Based on our trend formula, FXAIX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||117.71||52wk High Date||2020-02-19|
|52wk Low||77.93||52wk Low Date||2020-03-23|
|Year End Close||112.02||Payment Date||2020-04-09|