FDMO Fidelity Momentum Factor ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U... Show more
FDMO's RSI Indicator ascending out of oversold territory
The RSI Oscillator for FDMO moved out of oversold territory on March 14, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for FDMO just turned positive on March 20, 2025. Looking at past instances where FDMO's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDMO advanced for three days, in of 370 cases, the price rose further within the following month. The odds of a continued upward trend are .
FDMO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FDMO as a result. In of 74 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 10-day moving average for FDMO crossed bearishly below the 50-day moving average on March 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDMO 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 FDMO entered a downward trend on March 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LargeGrowth
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MMYLX | 8.52 | N/A | N/A |
| MassMutual Small Company Val Adm | |||
| TWMTX | 110.16 | N/A | N/A |
| Transamerica US Growth T | |||
| IRVSX | 32.18 | N/A | N/A |
| Voya Russell Large Cap Value Idx Port S | |||
| FCIRX | 16.25 | -0.12 | -0.73% |
| NYLI PineStone International Equity Cl A | |||
| MRSHX | 23.22 | -0.26 | -1.11% |
| MFS Research International R3 | |||
FDMO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FDMO has been closely correlated with QQQM. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDMO jumps, then QQQM could also see price increases.
| Ticker / NAME | Correlation To FDMO | 1D Price Change % | ||
|---|---|---|---|---|
| FDMO | 100% | +0.85% | ||
| QQQM - FDMO | 94% Closely correlated | -0.03% | ||
| QQEW - FDMO | 89% Closely correlated | -0.17% | ||
| IVW - FDMO | 87% Closely correlated | +0.30% | ||
| IWF - FDMO | 86% Closely correlated | +0.15% | ||
| SCHG - FDMO | 86% Closely correlated | +0.08% | ||
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