FSTA Fidelity® MSCI Consumer Staples ETF Forecast, Technical & Fundamental Analysis
FSTA in upward trend: 10-day moving average moved above 50-day moving average on November 15, 2023
The 10-day moving average for FSTA crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on FSTA as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
FSTA moved above its 50-day moving average on November 13, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FSTA advanced for three days, in of 335 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 377 cases where FSTA 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 FSTA moved out of overbought territory on November 16, 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 54 similar instances where the indicator moved out of overbought territory. In of the 54 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FSTA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FSTA broke above its upper Bollinger Band on November 02, 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 ConsumerStaples
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CIRFX | 63.85 | 0.19 | +0.30% |
| American Funds Capital Income Bldr 529F | |||
| SSPIX | 84.08 | 0.08 | +0.10% |
| SEI S&P 500 Index F (SIMT) | |||
| JDWAX | 96.27 | N/A | N/A |
| Janus Henderson Global Research A | |||
| OFSAX | 18.96 | -0.05 | -0.26% |
| Olstein Strategic Opportunities A | |||
| MRIMX | 22.43 | -0.14 | -0.62% |
| Victory Integrity Mid-Cap Value R6 | |||
FSTA and
Correlation & Price change
A.I.dvisor indicates that over the last year, FSTA has been closely correlated with VDC. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if FSTA jumps, then VDC could also see price increases.
| Ticker / NAME | Correlation To FSTA | 1D Price Change % | ||
|---|---|---|---|---|
| FSTA | 100% | +0.28% | ||
| VDC - FSTA | 99% Closely correlated | +0.26% | ||
| XLP - FSTA | 99% Closely correlated | +0.46% | ||
| IYK - FSTA | 96% Closely correlated | +0.29% | ||
| KXI - FSTA | 92% Closely correlated | +0.29% | ||
| PBJ - FSTA | 88% Closely correlated | -0.27% | ||
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