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FMET
ETF ticker: NASDAQ
AS OF
May 14, 04:54 PM (EDT)
Price
$30.68
Change
+$0.33 (+1.09%)
Net Assets
31.75M

FMET stock forecast, quote, news & analysis

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Metaverse IndexSM... Show more

Category: #Communications
FMET
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 FMET with price predictions
May 13, 2025

Momentum Indicator for FMET turns positive, indicating new upward trend

FMET saw its Momentum Indicator move above the 0 level on April 21, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 51 similar instances where the indicator turned positive. In of the 51 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FMET just turned positive on April 15, 2025. Looking at past instances where FMET's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

FMET moved above its 50-day moving average on May 02, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FMET crossed bullishly above the 50-day moving average on May 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMET advanced for three days, in of 196 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 128 cases where FMET 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 has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 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 FMET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FMET broke above its upper Bollinger Band on May 12, 2025. 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), QUALCOMM (NASDAQ:QCOM), Autodesk (NASDAQ:ADSK), Electronic Arts (NASDAQ:EA).

Industry description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Metaverse IndexSM. The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Market Cap

The average market capitalization across the Fidelity Metaverse ETF ETF is 332.95B. The market cap for tickers in the group ranges from 400.88M to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is NVTS at 400.88M.

High and low price notable news

The average weekly price growth across all stocks in the Fidelity Metaverse ETF ETF was 39%. For the same ETF, the average monthly price growth was 54%, and the average quarterly price growth was 142%. FSLY experienced the highest price growth at 40%, while VNET experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Fidelity Metaverse ETF ETF was 56%. For the same stocks of the ETF, the average monthly volume growth was 3% and the average quarterly volume growth was 40%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 64
Price Growth Rating: 47
SMR Rating: 62
Profit Risk Rating: 72
Seasonality Score: 45 (-100 ... +100)
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FMET
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Communications

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