FMET Fidelity Metaverse ETF Forecast, Technical & Fundamental 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
FMET sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for FMET moved above the 200-day moving average on June 24, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMET advanced for three days, in of 214 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 163 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 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for FMET turned negative on July 07, 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 29 similar instances when the indicator turned negative. In of the 29 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 July 16, 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.
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General Information
Category Communications
FMET and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FMET has been closely correlated with IYW. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMET jumps, then IYW could also see price increases.
| Ticker / NAME | Correlation To FMET | 1D Price Change % | ||
|---|---|---|---|---|
| FMET | 100% | +0.82% | ||
| IYW - FMET | 86% Closely correlated | +1.01% | ||
| VGT - FMET | 86% Closely correlated | +0.79% | ||
| XLK - FMET | 84% Closely correlated | +0.77% | ||
| ESPO - FMET | 83% Closely correlated | -0.67% | ||
| SOXX - FMET | 83% Closely correlated | +1.74% | ||
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