FIDELITY ENHANCED INTL ETF (FENI) Technical Analysis
NYSEARCA:FENI • US31609A4040
Current stock price
FENI Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to FENI. In the last year, FENI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- 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!
- FENI 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 FENI is lagging the market slightly.
- In the last month FENI has a been trading in the 37.12 - 40.23 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- FENI has an average volume of 1605650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, FENI turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
FENI Weekly and Daily overview Charts
FENI Setup Rating and Analysis
FENI has an average technical rating and it also 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
FENI Support and Resistance Analysis
27.44
4 important support areas can be observed.
- A support zone ranging from 38.42 to 39.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.88 to 36.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.23 from a horizontal line in the daily time frame.
- Support @27.72 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.39 to 40.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
FENI 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 FENI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FENI is neutral. |
| ChartMill Relative Strength | 65.12 | NEUTRAL | FENI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FENI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FENI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FENI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.12 | NEUTRAL | The RSI value for FENI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FENI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.19 | NEUTRAL | The Stochastics value for FENI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for FENI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.4 | NEGATIVE | The low ADX value for FENI suggests a weak or negative trend. |
FENI Chart- and CandleStick Pattern Analysis
FENI Technicals: Chart, Performance Metrics, Trend & Indicators
39.17
-0.1 (-0.25%)
FIDELITY ENHANCED INTL ETF / FENI TA FAQ
What is the ChartMill technical rating of FIDELITY ENHANCED INTL ETF (FENI) stock?
ChartMill assigns a technical rating of 5 / 10 to FENI.
Can you provide the trend direction for FIDELITY ENHANCED INTL ETF?
The current trend direction for FIDELITY ENHANCED INTL ETF (FENI) is Bullish.
Can you provide the RSI signal for FIDELITY ENHANCED INTL ETF?
FIDELITY ENHANCED INTL ETF (FENI) has an RSI value of 54.1207. This indicates that the stock is currently neutral.
What is the MACD signal for FENI stock?
The MACD indicator for FIDELITY ENHANCED INTL ETF (FENI) has a value of -0.0485439, indicating a bearish trend.
Can you provide the support and resistance levels for FIDELITY ENHANCED INTL ETF?
FIDELITY ENHANCED INTL ETF (FENI) has a support level at 39.09 and a resistance level at 40.39. Check the full technical report for our detailed analysis of FENI support and resistance levels.