We assign a technical rating of 8 out of 10 to FENY. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FENY is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- FENY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FENY has a been trading in the 24.38 - 27.20 range, which is quite wide. It is currently trading near the high of this range.
- FENY has an average volume of 5282400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, FENY outperforms 66% of them, which is more or less in line with the market.
Although FENY 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
23.04
When analyzing the support we can see 4 important areas.
- Support @26.87 from a horizontal line in the weekly time frame.
- A support zone ranging from 25.27 to 25.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.13 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.27 to 23.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.13 to 27.13. 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 FENY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FENY is up. |
| ChartMill Relative Strength | 66.99 | NEUTRAL | FENY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FENY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FENY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FENY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.34 | NEUTRAL | The RSI value for FENY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FENY has a positive trend. |
| Stochastics (14,3) | 89.44 | OVERBOUGHT | The high Stochastics value suggests FENY may be overbought. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for FENY suggests low volalility. |
| Average Directional Index/ADX (14) | 32.66 | POSITIVE | The high ADX value value for FENY suggests a strong trend. |
27.12
+0.05 (+0.18%)
FIDELITY MSCI ENERGY INDEX / FENY FAQ
What is the technical rating for FENY stock?
ChartMill assigns a technical rating of 8 / 10 to FENY.
What is the trend direction for FENY stock?
The current trend direction for FIDELITY MSCI ENERGY INDEX (FENY) is Bullish.
What is the RSI signal for FIDELITY MSCI ENERGY INDEX (FENY) stock?
FIDELITY MSCI ENERGY INDEX (FENY) has an RSI value of 68.3392. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIDELITY MSCI ENERGY INDEX?
The MACD indicator for FIDELITY MSCI ENERGY INDEX (FENY) has a value of 0.163457, indicating a bearish trend.
Can you provide the buy/sell signal for FIDELITY MSCI ENERGY INDEX?
The buy/sell signal for FIDELITY MSCI ENERGY INDEX (FENY) is buy as both the short term and long term trends are positive.