FIDELITY FNDM SM MID CAP ETF (FFSM) Technical Analysis
NYSEARCA:FFSM • US3160922957
Current stock price
FFSM Technical Rating and Analysis
Overall FFSM gets a technical rating of 5 out of 10. In the last year, FFSM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- When comparing the yearly performance of all stocks, we notice that FFSM is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by FFSM over the past year are nicely spread over this period.
- FFSM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FFSM is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month FFSM has a been trading in the 30.73 - 33.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
FFSM Weekly and Daily overview Charts
FFSM Setup Rating and Analysis
FFSM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 32.14, a Stop Loss order could be placed below this zone.
More info and screens
FFSM Support and Resistance Analysis
28.45
When analyzing the support we can see 4 important areas.
- A support zone ranging from 31.89 to 32.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.76 to 31.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.97 from a trend line in the daily time frame.
- A support zone ranging from 28.74 to 28.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.38 to 34.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
FFSM 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 | NEUTRAL | NEUTRAL | The long term trend for FFSM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FFSM is neutral. |
| ChartMill Relative Strength | 77.76 | POSITIVE | FFSM has a high relative strength, it outperformed 77.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FFSM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FFSM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for FFSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FFSM has a positive trend. |
| Stochastics (14,3) | 73.37 | NEUTRAL | The Stochastics value for FFSM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for FFSM suggests some volalility. |
| Average Directional Index/ADX (14) | 33.44 | POSITIVE | The high ADX value value for FFSM suggests a strong trend. |
FFSM Chart- and CandleStick Pattern Analysis
FFSM Technicals: Chart, Performance Metrics, Trend & Indicators
32.4
+0.07 (+0.22%)
FIDELITY FNDM SM MID CAP ETF / FFSM TA FAQ
Can you provide the ChartMill technical rating for FIDELITY FNDM SM MID CAP ETF?
ChartMill assigns a technical rating of 5 / 10 to FFSM.
What is the trend direction for FFSM stock?
The current trend direction for FIDELITY FNDM SM MID CAP ETF (FFSM) is Bearish.
Can you provide the RSI signal for FIDELITY FNDM SM MID CAP ETF?
FIDELITY FNDM SM MID CAP ETF (FFSM) has an RSI value of 50.6894. This indicates that the stock is currently neutral.
What is the short term momentum for FFSM stock?
The short term momentum for FIDELITY FNDM SM MID CAP ETF (FFSM) is neutral.
What is the support and resistance level for FFSM stock?
FIDELITY FNDM SM MID CAP ETF (FFSM) has a support level at 32.14 and a resistance level at 34.38. Check the full technical report for our detailed analysis of FFSM support and resistance levels.