FIDELITY GLBL EQ + FND ETF (FGEP.CA) Stock Technical Analysis
TSX:FGEP - Toronto Stock Exchange - CA3162151029 - ETF - Currency: CAD
Overall FGEP gets a technical rating of 8 out of 10. Although FGEP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
FGEP 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.
When compared to the yearly performance of all other stocks, FGEP outperforms 61% of them, which is more or less in line with the market.
In the last month FGEP has a been trading in a tight range between 11.31 and 11.91.
Volume is considerably higher in the last couple of days.
Although FGEP has an excellent technical rating, the quality of the presented setup is not ideal 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
9.82
12.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.60 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.29 to 11.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.02 from a horizontal line in the daily time frame.
- Support @9.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.85 to 11.88. 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 FGEP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FGEP.CA is up. |
| ChartMill Relative Strength | 61.75 | NEUTRAL | FGEP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FGEP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FGEP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FGEP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.09 | OVERBOUGHT | The high RSI value suggests FGEP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FGEP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.2 | OVERBOUGHT | The high Stochastics value suggests FGEP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for FGEP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 39.82 | POSITIVE | The high ADX value value for FGEP.CA 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)
TSX:FGEP (7/11/2025, 7:00:00 PM)
11.84
-0.03 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week0.34%
2 Weeks2.25%
1 Month3.59%
3 Month14.95%
6 Month7.93%
12 Month14.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.75%
ATR Inc-38.65%
Range Today0.03
ADR(20)0.08
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.75
Mansfield0.1
10 Day High11.91
10 Day Low11.57
20 Day High11.91
20 Day Low11.31
52 Week High11.91
52 Week Low9.76
CS1 End11.76
CR1 Start11.85
Volume & EV
DER(3)5.36%
DER(5)2.07%
Volume47.23K
Volume Incr62.17%
Vol(5)54.75K
Vol(50)35.44K