We assign a technical rating of 9 out of 10 to FCOM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FCOM is showing a nice and steady performance.
FCOM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 73.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.50, a Stop Loss order could be placed below this zone.
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50.14
When analyzing the support we can see 5 important areas.
- A support zone ranging from 71.09 to 73.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.50 to 68.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.40 from a horizontal line in the daily time frame.
- Support @53.07 from a trend line in the weekly time frame.
- Support @50.65 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 73.93 to 74.03. 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 FCOM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCOM is up. |
| ChartMill Relative Strength | 75.21 | POSITIVE | FCOM has a high relative strength, it outperformed 75.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCOM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.91 | NEUTRAL | The RSI value for FCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FCOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.13 | NEUTRAL | The Stochastics value for FCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for FCOM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.65 | NEGATIVE | The low ADX value for FCOM suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 74.04 | 72.54 | 1.50 (2.03%) | 25.00% |
| An entry @74.04. This is a Buy Stop order right above the resistance zone. | An exit @72.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.50 points, which is 2.03%. | For a 0.51% 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.
73.92
+0.39 (+0.53%)
FIDELITY MSCI COMM SERV INDX / FCOM FAQ
Can you provide the ChartMill technical rating for FIDELITY MSCI COMM SERV INDX?
ChartMill assigns a technical rating of 9 / 10 to FCOM.
What is the current trend direction of FIDELITY MSCI COMM SERV INDX (FCOM) stock?
The current trend direction for FIDELITY MSCI COMM SERV INDX (FCOM) is Bullish.
What is the RSI signal for FCOM stock?
FIDELITY MSCI COMM SERV INDX (FCOM) has an RSI value of 61.9096. This indicates that the stock is currently neutral.
What is the short term momentum for FIDELITY MSCI COMM SERV INDX (FCOM) stock?
The short term momentum for FIDELITY MSCI COMM SERV INDX (FCOM) is positive.
What is the buy/sell signal for FCOM stock?
The buy/sell signal for FIDELITY MSCI COMM SERV INDX (FCOM) is buy as both the short term and long term trends are positive.