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FMET
ETF ticker: NASDAQ
AS OF
Apr 2, 04:59 PM (EDT)
Price
$28.23
Change
+$0.17 (+0.61%)
Net Assets
29.44M

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
Apr 01, 2025

FMET in downward trend: 10-day moving average crossed below 50-day moving average on March 06, 2025

The 10-day moving average for FMET crossed bearishly below the 50-day moving average on March 06, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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

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 FMET as a result. In of 50 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 Moving Average Convergence Divergence Histogram (MACD) for FMET turned negative on March 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 27 similar instances when the indicator turned negative. In of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at .

FMET moved below its 50-day moving average on February 27, 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 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 .

The Aroon Indicator for FMET entered a downward trend on April 01, 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 Indicator points to a transition from a downward trend to an upward trend -- in cases where FMET's RSI Indicator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMET advanced for three days, in of 190 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

A.I.Advisor
published Highlights

Notable companies

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

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 387.05B. The market cap for tickers in the group ranges from 702.65M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is MTTR at 702.65M.

High and low price notable news

The average weekly price growth across all stocks in the Fidelity Metaverse ETF ETF was 2%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was 47%. PLTK experienced the highest price growth at 20%, while SMCI experienced the biggest fall at -14%.

Volume

The average weekly volume growth across all stocks in the Fidelity Metaverse ETF ETF was 14%. For the same stocks of the ETF, the average monthly volume growth was -40% and the average quarterly volume growth was 7%

Fundamental Analysis Ratings

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

Valuation Rating: 58
P/E Growth Rating: 63
Price Growth Rating: 66
SMR Rating: 60
Profit Risk Rating: 67
Seasonality Score: -14 (-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