FPFD Fidelity® Preferred Securities & Inc ETF Forecast, Technical & Fundamental Analysis
FPFD in -0.13% downward trend, sliding for three consecutive days on November 22, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FPFD declined for three days, in of 154 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
FPFD broke above its upper Bollinger Band on November 30, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on FPFD as a result. In of 23 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
FPFD moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FPFD crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 6 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 50-day moving average for FPFD moved above the 200-day moving average on December 04, 2023. 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 FPFD advanced for three days, in of 191 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 113 cases where FPFD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Industry description
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 WorldStock
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GSTOX | 14.34 | 0.10 | +0.70% |
| Goldman Sachs Small Cap Gr Insghts Inv | |||
| WFDDX | 23.95 | 0.11 | +0.46% |
| Allspring Discovery SMID Cap Gr Admin | |||
| PAIOX | 6.90 | 0.02 | +0.29% |
| PGIM Jennison Intl Sm-Md Cap Opps R6 | |||
| FIWCX | 9.00 | 0.01 | +0.10% |
| Fidelity® SAI International Value Index | |||
| LIDRX | 7.54 | N/A | N/A |
| Lord Abbett International Value R2 | |||
FPFD and
Correlation & Price change
A.I.dvisor indicates that over the last year, FPFD has been loosely correlated with PGX. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if FPFD jumps, then PGX could also see price increases.
| Ticker / NAME | Correlation To FPFD | 1D Price Change % | ||
|---|---|---|---|---|
| FPFD | 100% | -0.29% | ||
| PGX - FPFD | 65% Loosely correlated | -0.27% | ||
| PFFD - FPFD | 64% Loosely correlated | -0.63% | ||
| PFF - FPFD | 64% Loosely correlated | -0.20% | ||
| FPE - FPFD | 62% Loosely correlated | N/A | ||
| JPC - FPFD | 55% Loosely correlated | -0.75% | ||
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