Overall FTEC gets a technical rating of 6 out of 10. In the last year, FTEC was one of the better performers, but we do observe some doubts in the very recent evolution.
FTEC has an average technical rating and it also 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
141.08
3 important support areas can be observed.
- A support zone ranging from 220.47 to 224.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 213.42 to 214.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @142.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 236.47 to 238.72. 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 FTEC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTEC is neutral. |
| ChartMill Relative Strength | 75.75 | POSITIVE | FTEC has a high relative strength, it outperformed 75.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.84 | NEUTRAL | The RSI value for FTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests FTEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.54 | OVERBOUGHT | The high Stochastics value suggests FTEC may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for FTEC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.88 | NEGATIVE | The low ADX value for FTEC suggests a weak or negative trend. |
224.78
-6.72 (-2.9%)
FIDELITY MSCI INFO TECH INDX / FTEC FAQ
What is the technical rating for FTEC stock?
ChartMill assigns a technical rating of 6 / 10 to FTEC.
Can you provide the trend direction for FIDELITY MSCI INFO TECH INDX?
The current trend direction for FIDELITY MSCI INFO TECH INDX (FTEC) is Bullish.
What is the RSI signal for FTEC stock?
FIDELITY MSCI INFO TECH INDX (FTEC) has an RSI value of 46.8446. This indicates that the stock is currently neutral.
What is the MACD signal for FTEC stock?
The MACD indicator for FIDELITY MSCI INFO TECH INDX (FTEC) has a value of 0.622541, indicating a bearish trend.
What is the short term momentum for FIDELITY MSCI INFO TECH INDX (FTEC) stock?
The short term momentum for FIDELITY MSCI INFO TECH INDX (FTEC) is neutral.