FIDELITY BLUE CHIP GROW ETF (FBCG) Technical Analysis
NYSEARCA:FBCG • US3160923526
Current stock price
FBCG Technical Rating and Analysis
Taking everything into account, FBCG scores 4 out of 10 in our technical rating. Although FBCG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that FBCG is one of the better performing stocks in the market, outperforming 70% of all stocks.
- FBCG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FBCG is performing more or less in line with the market.
- In the last month FBCG has a been trading in the 47.60 - 53.65 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FBCG Weekly and Daily overview Charts
FBCG Setup Rating and Analysis
FBCG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FBCG Support and Resistance Analysis
47.33
We found 2 important support areas.
- A support zone ranging from 50.72 to 52.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.81 to 49.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @54.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 55.68 to 56.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
FBCG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FBCG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBCG is neutral. |
| ChartMill Relative Strength | 70.4 | POSITIVE | FBCG has a high relative strength, it outperformed 70.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBCG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FBCG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBCG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.87 | NEUTRAL | The RSI value for FBCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests FBCG has a positive trend. |
| Stochastics (14,3) | 90.46 | OVERBOUGHT | The high Stochastics value suggests FBCG may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for FBCG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.88 | POSITIVE | The high ADX value value for FBCG suggests a strong trend. |
FBCG Chart- and CandleStick Pattern Analysis
FBCG Technicals: Chart, Performance Metrics, Trend & Indicators
53.61
+0.53 (+1%)
FIDELITY BLUE CHIP GROW ETF / FBCG TA FAQ
What is the technical rating for FBCG stock?
ChartMill assigns a technical rating of 4 / 10 to FBCG.
What is the trend direction for FBCG stock?
The current trend direction for FIDELITY BLUE CHIP GROW ETF (FBCG) is Bearish.
What is the RSI signal for FIDELITY BLUE CHIP GROW ETF (FBCG) stock?
FIDELITY BLUE CHIP GROW ETF (FBCG) has an RSI value of 60.8656. This indicates that the stock is currently neutral.
What is the short term momentum for FBCG stock?
The short term momentum for FIDELITY BLUE CHIP GROW ETF (FBCG) is neutral.