The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Metaverse IndexSM... Show more
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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% | N/A | ||
| IYW - FMET | 86% Closely correlated | -2.12% | ||
| VGT - FMET | 86% Closely correlated | -2.12% | ||
| XLK - FMET | 84% Closely correlated | -2.42% | ||
| SOXX - FMET | 83% Closely correlated | N/A | ||
| SMH - FMET | 83% Closely correlated | N/A | ||
More | ||||
FMET moved above its 50-day moving average on July 09, 2026 date and that indicates a change from a downward trend to an upward trend. In of 25 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 08, 2026. You may want to consider a long position or call options on FMET as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FMET just turned positive on July 07, 2026. Looking at past instances where FMET's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
The 50-day moving average for FMET moved above the 200-day moving average on June 04, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMET advanced for three days, in of 290 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.
The 10-day RSI Indicator for FMET moved out of overbought territory on June 04, 2026. 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 29 similar instances where the indicator moved out of overbought territory. In of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for FMET crossed bearishly below the 50-day moving average on June 23, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 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 July 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.