FIDELITY BLUE CHIP VALUE ETF (FBCV) Stock Technical Analysis
NYSEARCA:FBCV - NYSE Arca - US3160923450 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to FBCV. FBCV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: FBCV has an average volume of 13402 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, FBCV turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
FBCV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FBCV is lagging the market.
In the last month FBCV has a been trading in a tight range between 31.60 and 32.62.
Considerably lower volume is observed in the last couple of days.
FBCV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 32.21, a Stop Loss order could be placed below this zone.
More info and screens
29.20
33.51
2 important support areas can be observed.
- A support zone ranging from 31.42 to 32.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.49 to 29.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.58 to 32.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @33.18 from a horizontal line in the daily time frame.
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 FBCV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBCV is up. |
| ChartMill Relative Strength | 59.75 | NEUTRAL | FBCV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBCV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBCV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBCV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.6 | NEUTRAL | The RSI value for FBCV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FBCV has a negative trend. |
| Stochastics (14,3) | 82.29 | OVERBOUGHT | The high Stochastics value suggests FBCV may be overbought. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for FBCV suggests low volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for FBCV suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.60 | 31.92 | 0.68 (2.09%) | 25.00% |
| An entry @32.60. This is a Buy Stop order right above the resistance zone. | An exit @31.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.68 points, which is 2.09%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:FBCV (6/16/2025, 11:09:53 AM)
32.48
+0.2 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.62%
1 Week-0.27%
2 Weeks0.36%
1 Month0.72%
3 Month2.05%
6 Month-1.04%
12 Month8.39%
2 Year15.73%
3 Year20.19%
5 Year63.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.89%
ATR Inc-0.46%
Range Today0.34
ADR(20)0.26
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.75
Mansfield-0.29
10 Day High32.55
10 Day Low31.93
20 Day High32.62
20 Day Low31.6
52 Week High34.17
52 Week Low28.43
CS1 End32.21
CR1 Start32.29
Volume & EV
DER(3)-1.71%
DER(5)-2.15%
Volume4.03K
Volume Incr-38.3%
Vol(5)7.04K
Vol(50)13.40K