Fidelity US Momentum Currency Neutral ETF (FCMH.CA) Stock Technical Analysis
TSX:FCMH - Toronto Stock Exchange - CA31649R1029 - ETF - Currency: CAD
Taking everything into account, FCMH scores 6 out of 10 in our technical rating. In the last year, FCMH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than FCMH.
Warning: FCMH has an average volume of 1568 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!
In the last month FCMH has a been trading in the 9.46 - 12.57 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FCMH 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
10.88
12.65
When analyzing the support we notice one important area.
- A support zone ranging from 10.99 to 11.20. 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 FCMH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCMH.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FCMH.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCMH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCMH.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 77.59 | OVERBOUGHT | The high RSI value suggests FCMH.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FCMH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100.79 | OVERBOUGHT | The high Stochastics value suggests FCMH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for FCMH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.35 | POSITIVE | The high ADX value value for FCMH.CA suggests a strong 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)
Fidelity US Momentum Currency Neutral ETF
TSX:FCMH (3/14/2024, 7:00:00 PM)
12.52
-0.04 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week6.37%
2 Weeks9.92%
1 Month31.37%
3 Month43.09%
6 Month12.59%
12 MonthN/A
2 Year25.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.32%
ATR Inc130.24%
Range Today0.05
ADR(20)0.02
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.57
10 Day Low11.26
20 Day High12.57
20 Day Low9.46
52 Week HighN/A
52 Week LowN/A
CS1 End11.2
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume4.90K
Volume Incr-50.42%
Vol(5)1.08K
Vol(50)1.57K