FMIL Price Prediction, Fidelity® New Millennium ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
FMIL in upward trend: price rose above 50-day moving average on November 03, 2023
FMIL moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend. In of 35 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 07, 2023. You may want to consider a long position or call options on FMIL as a result. In of 60 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for FMIL crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMIL advanced for three days, in of 234 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 223 cases where FMIL 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 FMIL moved out of overbought territory on December 04, 2023. 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 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 52 cases where FMIL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FMIL turned negative on December 05, 2023. 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 36 similar instances when the indicator turned negative. In of the 36 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 FMIL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FMIL broke above its upper Bollinger Band on December 08, 2023. 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| IRSIX | 12.18 | 0.08 | +0.66% |
| Voya Russell Small Cap Index Port A | |||
| FZAFX | 19.49 | 0.11 | +0.57% |
| Fidelity Advisor® Equity Growth Z | |||
| SCIUX | 9.94 | 0.03 | +0.30% |
| Invesco Income Advantage U.S. Fund R5 | |||
| CSCAX | 30.13 | 0.04 | +0.13% |
| Cove Street Capital Small Cap Val Instl | |||
| PJHRX | 34.06 | -0.09 | -0.26% |
| PGIM Jennison Health Sciences R | |||
FMIL and
Correlation & Price change
A.I.dvisor indicates that over the last year, FMIL has been closely correlated with IWD. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMIL jumps, then IWD could also see price increases.
| Ticker / NAME | Correlation To FMIL | 1D Price Change % | ||
|---|---|---|---|---|
| FMIL | 100% | +0.69% | ||
| IWD - FMIL | 76% Closely correlated | +0.40% | ||
| VTV - FMIL | 73% Closely correlated | +0.40% | ||
| SCHD - FMIL | 72% Closely correlated | +0.17% | ||
| DIA - FMIL | 71% Closely correlated | +0.36% | ||
| VYM - FMIL | 69% Closely correlated | +0.25% |