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FMAG
ETF ticker: BATS
AS OF
Jan 17 closing price
Price
$31.95
Change
+$0.32 (+1.01%)
Net Assets
180.33M

FMAG stock forecast, quote, news & analysis

Category: @Large Growth
FMAG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for FMAG with price predictions
Jan 08, 2025

FMAG in +2.55% Uptrend, advancing for three consecutive days on January 06, 2025

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 FMAG advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 37 cases where FMAG'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 .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FMAG as a result. In of 58 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

FMAG moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FMAG crossed bearishly below the 50-day moving average on December 31, 2024. 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMAG 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 FMAG entered a downward trend on January 08, 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH).

Industry description

The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a "Tracking Basket," which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

Market Cap

The average market capitalization across the Fidelity Magellan ETF ETF is 399.79B. The market cap for tickers in the group ranges from 16.61B to 3.37T. NVDA holds the highest valuation in this group at 3.37T. The lowest valued company is HEI.A at 16.61B.

High and low price notable news

The average weekly price growth across all stocks in the Fidelity Magellan ETF ETF was 3%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was 9%. URI experienced the highest price growth at 15%, while LLY experienced the biggest fall at -9%.

Volume

The average weekly volume growth across all stocks in the Fidelity Magellan ETF ETF was 5%. For the same stocks of the ETF, the average monthly volume growth was -20% 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: 75
P/E Growth Rating: 52
Price Growth Rating: 48
SMR Rating: 34
Profit Risk Rating: 16
Seasonality Score: 1 (-100 ... +100)
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FMAG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published General Information

General Information

Category LargeGrowth

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