FIDELITY METAVERSE ETF (FMET) Technical Analysis
NASDAQ:FMET • US3160921884
We assign a technical rating of 1 out of 10 to FMET. FMET has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- Warning: FMET has an average volume of 5942 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FMET has a been trading in the 32.10 - 34.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, FMET turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- FMET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FMET is lagging the market slightly.
Although the technical rating is bad, FMET does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 32.52, a Stop Loss order could be placed below this zone.
More info and screens
31.55
We found 2 important support areas.
- A support zone ranging from 32.52 to 32.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.87 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 33.08 to 33.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @35.60 from a trend line in the daily time frame.
- A resistance zone ranging from 36.66 to 36.81. 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 | DOWN | NEGATIVE | The long term trend for FMET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMET is down. |
| ChartMill Relative Strength | 46.89 | NEUTRAL | FMET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FMET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FMET is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.98 | NEUTRAL | The RSI value for FMET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FMET has a positive trend. |
| Stochastics (14,3) | 47.7 | NEUTRAL | The Stochastics value for FMET is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for FMET suggests low volalility. |
| Average Directional Index/ADX (14) | 32.9 | POSITIVE | The high ADX value value for FMET suggests a strong trend. |
FMET Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FMET (3/12/2026, 9:30:01 AM)
32.79
-0.11 (-0.32%)
FIDELITY METAVERSE ETF / FMET FAQ
What is the technical rating for FMET stock?
ChartMill assigns a technical rating of 1 / 10 to FMET.
Can you provide the trend direction for FIDELITY METAVERSE ETF?
The current trend direction for FIDELITY METAVERSE ETF (FMET) is Bearish.
Can you provide the RSI signal for FIDELITY METAVERSE ETF?
FIDELITY METAVERSE ETF (FMET) has an RSI value of 40.9836. This indicates that the stock is currently neutral.
What is the MACD signal for FMET stock?
The MACD indicator for FIDELITY METAVERSE ETF (FMET) has a value of 0.0453681, indicating a bearish trend.
Can you provide the short term momentum for FIDELITY METAVERSE ETF?
The short term momentum for FIDELITY METAVERSE ETF (FMET) is negative.