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FBND
ETF ticker: NYSE ARCA
AS OF
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Net Assets
5.08B

FBND Fidelity® Total Bond ETF Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for FBND with price predictions
08:00 PM EDT Sep 28, 2023

FBND sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for FBND moved below the 200-day moving average on September 06, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FBND as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FBND turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

FBND moved below its 50-day moving average on September 01, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FBND declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for FBND entered a downward trend on September 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FBND's RSI Oscillator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FBND advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .

FBND may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of current income. Normally, the fund invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The manager uses the Bloomberg U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging market asset classes. The fund invests up to 20% of assets in lower-quality debt securities. It is managed to have similar overall interest rate risk to the index.

Volume

The average weekly volume growth across all stocks in the Fidelity® Total Bond ETF ETF was 11%. For the same stocks of the ETF, the average monthly volume growth was 28% and the average quarterly volume growth was 11%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 70
P/E Growth Rating: 64
Price Growth Rating: 45
SMR Rating: 33
Profit Risk Rating: 46
Seasonality Score: -37 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category IntermediateTermBond

Profile
Fundamentals
Details
Category
Intermediate Core-Plus Bond
Address
Fidelity Merrimack Street Trust245 SUMMER STREET
Phone
617-563-7000
Web
N/A
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FBND and

Correlation & Price change

A.I.dvisor indicates that over the last year, FBND has been closely correlated with USBF. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if FBND jumps, then USBF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FBND
1D Price
Change %
FBND100%
N/A
USBF - FBND
98%
Closely correlated
-0.10%
IUSB - FBND
97%
Closely correlated
-0.06%
BOND - FBND
97%
Closely correlated
-0.08%
UBND - FBND
97%
Closely correlated
-0.04%
CGCP - FBND
96%
Closely correlated
-0.37%
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