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FHLC Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top FHLC on November 13, 2024, netting in a 5.80% gain over 4 months

A.I.dvisor
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+5.80% Gain from a Successful pattern Head-and-Shoulders Top
FHLC - Fidelity MSCI Health Care ETF
Tickeron
Ticker: FHLC
Company: Fidelity MSCI Health Care ETF
Gain from shorting: +5.8%
Confirmed: 11/13/24
Succeeded: 04/03/25
Total length: 146 days
On November 08, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Fidelity MSCI Health Care ETF (FHLC, $70.98). 5 days later, on November 13, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $63.95 – resulting in a gain for traders who shorted the stock on the pattern detection date.

FHLC in downward trend: 10-day moving average moved below 50-day moving average on March 19, 2025

The 10-day moving average for FHLC crossed bearishly below the 50-day moving average on March 19, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

FHLC moved below its 50-day moving average on March 25, 2025 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 FHLC 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 FHLC entered a downward trend on April 14, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FHLC's RSI Oscillator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where FHLC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on FHLC as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 FHLC advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

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General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com