FIDELITY BLUE CHIP GROWTH (FBCG) Stock Technical Analysis
NYSEARCA:FBCG - US3160923526 - ETF
51.08 USD
+1.09 (+2.17%)
50.6802 USD
-0.4 (-0.78%)
Taking everything into account, FBCG scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, FBCG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that FBCG is one of the better performing stocks in the market, outperforming 78% of all stocks.
FBCG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FBCG has a been trading in the 48.86 - 51.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FBCG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.39
52.20
4 important support areas can be observed.
- A support zone ranging from 49.99 to 51.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.22 from a horizontal line in the daily time frame.
- Support @37.55 from a trend line in the weekly time frame.
- Support @35.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.09 to 51.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for FBCG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBCG is neutral. |
| ChartMill Relative Strength | 78.95 | POSITIVE | FBCG has a high relative strength, it outperformed 78.95% 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) | UP | POSITIVE | The current price of FBCG is above the rising 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) | 57.99 | NEUTRAL | The RSI value for FBCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FBCG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.01 | NEUTRAL | The Stochastics value for FBCG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for FBCG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for FBCG suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
51.08
+1.09 (+2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.17%
1 Week-0.91%
2 Weeks-0.21%
1 Month2.12%
3 Month16.75%
6 Month9.54%
12 Month21.13%
2 Year65.58%
3 Year113.86%
5 Year97.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%1.47%
ATR Inc17.85%
Range Today1.24
ADR(20)0.67
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.95
Mansfield0.36
10 Day High51.98
10 Day Low49.33
20 Day High51.98
20 Day Low48.86
52 Week High51.98
52 Week Low33.57
CS1 End51.07
CR1 Start51.09
Volume & EV
DER(3)-0.43%
DER(5)-1.54%
Volume497.00K
Volume Incr-17.25%
Vol(5)390.04K
Vol(50)404.60K