FIDELITY ENHNCD SMLL CP ETF (FESM) Stock Technical Analysis
USA - NYSEARCA:FESM - US31609A2069 - ETF
36.02 USD
-0.11 (-0.3%)
We assign a technical rating of 8 out of 10 to FESM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FESM is only an average performer.
The long and short term trends are both positive. This is looking good!
FESM 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 FESM has a been trading in the 33.67 - 36.44 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that FESM is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FESM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 36.14. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.75
36.80
We found 3 important support areas.
- A support zone ranging from 33.99 to 34.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.15 from a horizontal line in the daily time frame.
- A support zone ranging from 32.07 to 32.07. 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 36.14 to 36.44. 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 FESM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FESM is up. |
| ChartMill Relative Strength | 72.43 | POSITIVE | FESM has a high relative strength, it outperformed 72.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FESM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FESM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FESM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.14 | NEUTRAL | The RSI value for FESM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FESM has a negative trend. |
| Stochastics (14,3) | 83.89 | OVERBOUGHT | The high Stochastics value suggests FESM may be overbought. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for FESM suggests low volalility. |
| Average Directional Index/ADX (14) | 37.73 | POSITIVE | The high ADX value value for FESM 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)
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 |
|---|---|---|---|
| 36.45 | 34.94 | 1.51 (4.14%) | 24.14% |
| An entry @36.45. This is a Buy Stop order right above the resistance zone. | An exit @34.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.51 points, which is 4.14%. | For a 1.00% total portfolio risk, you can invest 24.14% 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.
NYSEARCA:FESM (9/16/2025, 3:12:50 PM)
36.02
-0.11 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.3%
1 Week0.75%
2 Weeks1.63%
1 Month5.52%
3 Month17.12%
6 Month20.07%
12 Month12.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.42%
ATR Inc-39.92%
Range Today0.48
ADR(20)0.49
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.43
Mansfield0.08
10 Day High36.44
10 Day Low34.95
20 Day High36.44
20 Day Low33.67
52 Week High36.44
52 Week Low25.19
CS1 End34.42
CR1 Start36.14
Volume & EV
DER(3)0.39%
DER(5)-1.18%
Volume347.63K
Volume Incr21.15%
Vol(5)329.84K
Vol(50)218.93K