FIDELITY NEW MILLENNIUM ETF (FMIL) Stock Technical Analysis
NYSEARCA:FMIL - NYSE Arca - US3160923609 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to FMIL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FMIL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FMIL did better than 83% of all other stocks. On top of that, FMIL also shows a nice and consistent pattern of rising prices.
FMIL is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FMIL is leading the market.
In the last month FMIL has a been trading in the 36.97 - 39.75 range, which is quite wide. It is currently trading near the high of this range.
Although FMIL has an excellent technical rating, it does not offer a high quality setup 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
30.51
40.02
6 important support areas can be observed.
- A support zone ranging from 38.44 to 39.00. 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 37.04 to 37.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.40 to 35.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.41 to 34.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 32.82 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.82 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.52 to 39.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.8
Mansfield0.26
10 Day High39.75
10 Day Low38.2
20 Day High39.75
20 Day Low36.97
52 Week High39.75
52 Week Low28.84
Performance
1 Week0.78%
2 Weeks2.05%
1 Month6.22%
3 Month14.11%
6 Month18.99%
12 Month30.74%
2 Year32.19%
3 Year50.52%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)68.47
LBB37.97
UBB39.68
NYSEARCA:FMIL (2/23/2024, 8:04:00 PM)
39.505
-0.1 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week0.78%
2 Weeks2.05%
1 Month6.22%
3 Month14.11%
6 Month18.99%
12 Month30.74%
2 Year32.19%
3 Year50.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%1.21%
ATR Inc53.29%
Range Today0.37
ADR(20)0.39
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.8
Mansfield0.26
10 Day High39.75
10 Day Low38.2
20 Day High39.75
20 Day Low36.97
52 Week High39.75
52 Week Low28.84
CS1 End39
CR1 Start39.52
Volume & EV
DER(3)11.64%
DER(5)10.66%
Volume65.60K
Volume Incr-4.42%
Vol(5)51.84K
Vol(50)47.87K