Fidelity Systematic Canadian Bond Index ETF (FCCB.CA) Technical Analysis
TSX:FCCB • CA31644F1036
Current stock price
FCCB.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to FCCB. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FCCB is a bad performer.
- 62% of all other stocks performed better in the past year than FCCB.
- Warning: FCCB has an average volume of 14907 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 may just continue or reversal may be around the corner!
- FCCB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FCCB is lagging the market.
- In the last month FCCB has a been trading in a tight range between 21.88 and 22.25.
FCCB.CA Weekly and Daily overview Charts
FCCB.CA Setup Rating and Analysis
FCCB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 22.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FCCB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FCCB.CA Support and Resistance Analysis
20.41
We found 2 important support areas.
- A support zone ranging from 21.65 to 22.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.62 to 21.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.53 to 22.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
FCCB.CA 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 | UP | POSITIVE | The long term trend for FCCB.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCCB.CA is neutral. |
| ChartMill Relative Strength | 38.75 | NEUTRAL | FCCB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FCCB.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCCB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCCB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.02 | NEUTRAL | The RSI value for FCCB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FCCB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.61 | NEUTRAL | The Stochastics value for FCCB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for FCCB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.32 | NEGATIVE | The low ADX value for FCCB.CA suggests a weak or negative trend. |
FCCB.CA Chart- and CandleStick Pattern Analysis
FCCB.CA Technicals: Chart, Performance Metrics, Trend & Indicators
Fidelity Systematic Canadian Bond Index ETF
TSX:FCCB (3/27/2024, 7:00:00 PM)
22.08
+0.09 (+0.41%)
Fidelity Systematic Canadian Bond Index ETF / FCCB.CA TA FAQ
What is the ChartMill technical rating of Fidelity Systematic Canadian Bond Index ETF (FCCB.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to FCCB.CA.
What is the trend direction for FCCB stock?
The current trend direction for Fidelity Systematic Canadian Bond Index ETF (FCCB.CA) is Bullish.
Can you provide the RSI signal for Fidelity Systematic Canadian Bond Index ETF?
Fidelity Systematic Canadian Bond Index ETF (FCCB.CA) has an RSI value of 52.0215. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for Fidelity Systematic Canadian Bond Index ETF?
Fidelity Systematic Canadian Bond Index ETF (FCCB.CA) has a support level at 22.04 and a resistance level at 22.53. Check the full technical report for our detailed analysis of FCCB.CA support and resistance levels.