Stock Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
FIDELITY SYSTEMATIC CANADIAN BOND INDEX ETF (TSE:FCCB)
Long-Term Downtrend (-90) - FCCB is in a strong downtrend that is likely to continue. While FCCB 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 FCCB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FCCB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FCCB
The long-term trend has been DOWN since Sep 29th, 2021 at 24.94
The intermediate-term trend has been DOWN since Jan 4th, 2022 at 25.07
The short-term trend has been DOWN since Jan 26th, 2022 at 24.47
Smart Scan Analysis for FCCB
Based on our trend formula, FCCB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).