FIDELITY NASDAQ COMP INDX (ONEQ) Stock Technical Analysis
USA - NASDAQ:ONEQ - US3159128087 - ETF
88.87 USD
+0.46 (+0.52%)
89.5 USD
+0.63 (+0.71%)
We assign a technical rating of 8 out of 10 to ONEQ. Although ONEQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
ONEQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ONEQ has a been trading in the 82.82 - 89.75 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ONEQ did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although ONEQ 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
59.58
90.53
5 important support areas can be observed.
- A support zone ranging from 87.26 to 88.53. 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 84.48 to 85.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.20 from a horizontal line in the daily time frame.
- Support @78.34 from a horizontal line in the daily time frame.
- Support @60.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 88.88 to 89.63. 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 ONEQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONEQ is up. |
| ChartMill Relative Strength | 79.13 | POSITIVE | ONEQ has a high relative strength, it outperformed 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONEQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONEQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONEQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.48 | NEUTRAL | The RSI value for ONEQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ONEQ has a negative trend. |
| Stochastics (14,3) | 68.1 | NEUTRAL | The Stochastics value for ONEQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for ONEQ suggests low volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for ONEQ suggests a possible start of a new 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)
88.87
+0.46 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.52%
1 Week-0.85%
2 Weeks0.99%
1 Month5.2%
3 Month9.78%
6 Month44.69%
12 Month24.33%
2 Year70.94%
3 Year114.46%
5 Year104.77%
10 Year390.72%
15 Year851.19%
Volatility
ATR(14)0.88
ATR(20)%1.06%
ATR Inc-1.6%
Range Today0.73
ADR(20)0.83
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield0.45
10 Day High89.75
10 Day Low86.87
20 Day High89.75
20 Day Low82.82
52 Week High89.75
52 Week Low58.12
CS1 End88.53
CR1 Start88.88
Volume & EV
DER(3)-10.28%
DER(5)-9.72%
Volume207.22K
Volume Incr6.6%
Vol(5)199.36K
Vol(50)206.07K