Stock Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
FIDELITY US MOMENTUM INDEX SER L UTS (TSE:FCMO)
Strong Downtrend (-100) - FCMO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FCMO continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FCMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for FCMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FCMO
The long-term trend has been DOWN since Jan 18th, 2022 at 10.54
The intermediate-term trend has been DOWN since Apr 18th, 2022 at 10.19
The short-term trend has been DOWN since Apr 21st, 2022 at 10.18
Smart Scan Analysis for FCMO
Based on our trend formula, FCMO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).