FIDELITY CLEAN ENERGY ETF (FRNW) Stock Technical Analysis
USA - NYSEARCA:FRNW - US3160922536 - ETF
18.58 USD
+0.28 (+1.56%)
We assign a technical rating of 9 out of 10 to FRNW. Both in the recent history as in the last year, FRNW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: FRNW has an average volume of 10276 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
FRNW is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FRNW has a been trading in the 17.37 - 18.58 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FRNW did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although FRNW has an excellent technical rating, it does not present a decent entry opportunity 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
13.21
18.78
4 important support areas can be observed.
- A support zone ranging from 17.97 to 18.10. 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 17.27 to 17.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.58 to 16.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.34 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.59 to 18.59. 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 FRNW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRNW is up. |
| ChartMill Relative Strength | 80.57 | POSITIVE | FRNW has a high relative strength, it outperformed 80.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRNW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.61 | NEUTRAL | The RSI value for FRNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FRNW has a positive trend. |
| Stochastics (14,3) | 91.1 | OVERBOUGHT | The high Stochastics value suggests FRNW may be overbought. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for FRNW suggests low volalility. |
| Average Directional Index/ADX (14) | 28.11 | POSITIVE | The high ADX value value for FRNW 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)
NYSEARCA:FRNW (9/15/2025, 8:04:01 PM)
18.58
+0.28 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week1.64%
2 Weeks3.91%
1 Month6.69%
3 Month24.25%
6 Month37%
12 Month19.43%
2 Year16.83%
3 Year-11.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.67%
ATR Inc-19.7%
Range Today0.27
ADR(20)0.22
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield1.3
10 Day High18.58
10 Day Low17.37
20 Day High18.58
20 Day Low17.37
52 Week High18.58
52 Week Low11.25
CS1 End18.1
CR1 Start18.59
Volume & EV
DER(3)-3.66%
DER(5)-3.24%
Volume26.30K
Volume Incr73.38%
Vol(5)17.46K
Vol(50)10.28K