FIDI Fidelity® International High Div ETF Forecast, Technical & Fundamental Analysis
FIDI in +1.78% Uptrend, rising for three consecutive days on November 20, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FIDI advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on FIDI as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FIDI just turned positive on October 31, 2023. Looking at past instances where FIDI's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .
FIDI moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FIDI crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 315 cases where FIDI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FIDI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FIDI broke above its upper Bollinger Band on November 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
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High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category ForeignLargeValue
FIDI and
Correlation & Price change
A.I.dvisor indicates that over the last year, FIDI has been closely correlated with EFV. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if FIDI jumps, then EFV could also see price increases.
| Ticker / NAME | Correlation To FIDI | 1D Price Change % | ||
|---|---|---|---|---|
| FIDI | 100% | +0.13% | ||
| EFV - FIDI | 91% Closely correlated | +0.26% | ||
| FNDF - FIDI | 91% Closely correlated | +0.23% | ||
| VYMI - FIDI | 90% Closely correlated | +0.39% | ||
| DFIV - FIDI | 90% Closely correlated | +0.26% | ||
| IDV - FIDI | 90% Closely correlated | +0.15% |