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
Momentum Indicator for FMET turns positive, indicating new upward trend
FMET saw its Momentum Indicator move above the 0 level on August 12, 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 54 similar instances where the indicator turned positive. In of the 54 cases, the stock moved higher in the following days. The odds of a move higher are at .
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 217 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 177 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 10-day RSI Indicator for FMET moved out of overbought territory on August 14, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
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 August 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.
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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% | -0.47% | ||
| IYW - FMET | 86% Closely correlated | -0.51% | ||
| FCOM - FMET | 86% Closely correlated | +0.21% | ||
| VOX - FMET | 86% Closely correlated | +0.30% | ||
| VGT - FMET | 86% Closely correlated | -0.63% | ||
| IXP - FMET | 85% Closely correlated | +0.73% | ||
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