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% | +0.63% | ||
| IYW - FMET | 86% Closely correlated | +0.18% | ||
| VGT - FMET | 86% Closely correlated | +0.05% | ||
| XLK - FMET | 84% Closely correlated | +0.11% | ||
| SOXX - FMET | 83% Closely correlated | -0.44% | ||
| SMH - FMET | 83% Closely correlated | -0.40% | ||
More | ||||
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FMET advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
FMET moved above its 50-day moving average on August 03, 2026 date and that indicates a change from a downward trend to an upward trend.
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 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 .
The Aroon Indicator entered an Uptrend today. In 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 .
The Momentum Indicator moved below the 0 level on August 21, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FMET as a result. In of 75 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 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 of the 42 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 August 04, 2026. 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.