FIDELITY DISRUPTIVE AUTO ETF (FBOT) Stock Technical Analysis
NASDAQ:FBOT - Nasdaq - US3160921702 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to FBOT. Although FBOT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: FBOT has an average volume of 23592 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FBOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FBOT is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that FBOT is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month FBOT has a been trading in a tight range between 28.33 and 29.60.
Although FBOT has an excellent technical rating, it does not offer a high quality setup 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
23.64
30.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.15 to 28.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.88 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @29.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.92 to 29.92. This zone is formed by a combination of multiple trend lines 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 FBOT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBOT is neutral. |
| ChartMill Relative Strength | 71.4 | POSITIVE | FBOT has a high relative strength, it outperformed 71.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.08 | NEUTRAL | The RSI value for FBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FBOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.59 | NEUTRAL | The Stochastics value for FBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for FBOT suggests low volalility. |
| Average Directional Index/ADX (14) | 12 | NEGATIVE | The low ADX value for FBOT 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)
NASDAQ:FBOT (6/24/2025, 8:00:02 PM)
29.27
+0.65 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.27%
1 Week0.03%
2 Weeks0.14%
1 Month2.59%
3 Month11.38%
6 Month2.51%
12 Month10.45%
2 Year13.63%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.32%
ATR Inc54.28%
Range Today0.29
ADR(20)0.28
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.4
Mansfield0.16
10 Day High29.6
10 Day Low28.34
20 Day High29.6
20 Day Low28.33
52 Week High30.1
52 Week Low22.22
CS1 End28.5
CR1 Start29.29
Volume & EV
DER(3)3.73%
DER(5)-0.4%
Volume7.40K
Volume Incr9.96%
Vol(5)17.28K
Vol(50)23.59K