FIDELITY MSCI MATERIALS INDX (FMAT) Stock Technical Analysis
USA - NYSEARCA:FMAT - US3160928814 - ETF
Taking everything into account, FMAT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FMAT is only an average performer.
FMAT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 52.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FMAT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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44.04
5 important support areas can be observed.
- A support zone ranging from 51.79 to 52.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.41 to 50.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 49.47 to 49.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.36 to 48.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @44.48 from a trend line in the weekly time frame.
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 FMAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMAT is up. |
| ChartMill Relative Strength | 47.52 | NEUTRAL | FMAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FMAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FMAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for FMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FMAT has a negative trend. |
| Stochastics (14,3) | 36.35 | NEUTRAL | The Stochastics value for FMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for FMAT suggests low volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for FMAT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 52.99 | 52.37 | 0.62 (1.18%) | 25.00% |
| An entry @52.99. This is a Buy Stop order right above the 10 day moving average. | An exit @52.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 1.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- The distance between exit and entry is rather small compared to the average daily movement of FMAT. Please evaluate whether better entry and exit points can be found.
- 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:FMAT (9/19/2025, 8:07:18 PM)
52.7619
-0.15 (-0.28%)