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FRNW
ETF ticker: BATS
AS OF
Jan 17 closing price
Price
$13.75
Change
+$0.02 (+0.15%)
Net Assets
24.71M

FRNW stock forecast, quote, news & analysis

FRNW
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for FRNW with price predictions
Jan 08, 2025

FRNW's RSI Indicator ascending out of oversold territory

The RSI Indicator for FRNW moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 21 similar instances when the indicator left oversold territory. In of the 21 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on FRNW as a result. In of 56 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 FRNW just turned positive on January 02, 2025. Looking at past instances where FRNW's MACD turned positive, the stock continued to rise in of 33 cases 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 FRNW advanced for three days, in of 153 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

FRNW moved below its 50-day moving average on January 08, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRNW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FRNW broke above its upper Bollinger Band on January 06, 2025. 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.

The Aroon Indicator for FRNW entered a downward trend on December 31, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Bloom Energy Corp (NYSE:BE), Plug Power (NASDAQ:PLUG), Canadian Solar (NASDAQ:CSIQ).

Industry description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index℠. The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources. The fund is non-diversified.

Market Cap

The average market capitalization across the Fidelity Clean Energy ETF ETF is 3.97B. The market cap for tickers in the group ranges from 469.13M to 18.04B. FSLR holds the highest valuation in this group at 18.04B. The lowest valued company is LAND at 469.13M.

High and low price notable news

The average weekly price growth across all stocks in the Fidelity Clean Energy ETF ETF was 2%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was -7%. ARRY experienced the highest price growth at 11%, while SHLS experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Fidelity Clean Energy ETF ETF was 9%. For the same stocks of the ETF, the average monthly volume growth was 17% and the average quarterly volume growth was 4%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 73
P/E Growth Rating: 60
Price Growth Rating: 60
SMR Rating: 79
Profit Risk Rating: 85
Seasonality Score: -12 (-100 ... +100)
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FRNW
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category MiscellaneousSector

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