FBND Fidelity® Total Bond ETF Forecast, Technical & Fundamental Analysis
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.
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)
Industry description
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category IntermediateTermBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| TDSC | 21.75 | N/A | -0.02% |
| Cabana Target Drawdown 10 ETF | |||
| UCRD | 19.80 | -0.02 | -0.09% |
| VictoryShares Corporate Bond ETF | |||
| STXD | 26.33 | -0.09 | -0.34% |
| Strive 1000 Dividend Growth ETF | |||
| XMHQ | 80.54 | -0.48 | -0.59% |
| Invesco S&P MidCap Quality ETF | |||
| SLVO | 69.80 | -1.33 | -1.87% |
| Credit Suisse X-Links Silver CovCall ETN | |||
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.
| Ticker / NAME | Correlation To FBND | 1D Price Change % | ||
|---|---|---|---|---|
| FBND | 100% | 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% | ||
More | ||||