FSBD Fidelity Sustainable Core Plus Bond ETF Forecast, Technical & Fundamental Analysis
FSBD in -0.37% downward trend, declining for three consecutive days on January 06, 2025
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 FSBD declined for three days, in of 153 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for FSBD crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The Aroon Indicator for FSBD entered a downward trend on January 06, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
FSBD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category IntermediateTermBond
FSBD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FSBD has been closely correlated with TOTL. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FSBD jumps, then TOTL could also see price increases.
| Ticker / NAME | Correlation To FSBD | 1D Price Change % | ||
|---|---|---|---|---|
| FSBD | 100% | +0.26% | ||
| TOTL - FSBD | 89% Closely correlated | +0.20% | ||
| IUSB - FSBD | 81% Closely correlated | +0.02% | ||
| FBND - FSBD | 80% Closely correlated | -0.02% | ||
| JCPB - FSBD | 80% Closely correlated | +0.01% | ||
| BOND - FSBD | 79% Closely correlated | -0.07% | ||
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