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% | +1.71% | ||
| IYW - FMET | 86% Closely correlated | +1.17% | ||
| VGT - FMET | 86% Closely correlated | +1.20% | ||
| XLK - FMET | 84% Closely correlated | +1.32% | ||
| SOXX - FMET | 83% Closely correlated | +1.86% | ||
| SMH - FMET | 83% Closely correlated | +1.47% | ||
More | ||||
FMET saw its Momentum Indicator move below the 0 level on September 09, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 75 similar instances where the indicator turned negative. In 61 of the 75 cases, the stock moved further down in the following days. The odds of a decline are at 81%.
The Moving Average Convergence Divergence Histogram (MACD) for FMET turned negative on August 20, 2026. 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 42 similar instances when the indicator turned negative. In 33 of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at 79%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 40 of 48 cases where FMET's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 83%.
The 10-day moving average for FMET crossed bullishly above the 50-day moving average on August 06, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 11 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 82%.
Following a +1.33% 3-day Advance, the price is estimated to grow further. Considering data from situations where FMET advanced for three days, in 262 of 301 cases, the price rose further within the following month. The odds of a continued upward trend are 87%.
The Aroon Indicator entered an Uptrend today. In 217 of 242 cases where FMET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.