FTEC Fidelity MSCI Information Tech ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 25/50 Index... Show more
Momentum Indicator for FTEC turns positive, indicating new upward trend
FTEC saw its Momentum Indicator move above the 0 level on April 21, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for FTEC just turned positive on April 14, 2025. Looking at past instances where FTEC's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
FTEC moved above its 50-day moving average on May 01, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FTEC crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 FTEC advanced for three days, in of 380 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 376 cases where FTEC 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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTEC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FTEC broke above its upper Bollinger Band on May 12, 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.
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| BSL | 14.16 | 0.01 | +0.07% |
| Blackstone Senior Floating Rate 2027 Term Fund | |||
| IGLB | 48.43 | -0.05 | -0.10% |
| iShares 10+ Year Invmt Grd Corp Bd ETF | |||
| CCOR | 27.31 | -0.13 | -0.49% |
| Core Alternative Capital | |||
| PML | 7.63 | -0.10 | -1.29% |
| PIMCO Municipal Income FUND II | |||
| CNCR | 8.93 | -0.24 | -2.62% |
| Range Cancer Therapeutics ETF | |||
FTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTEC has been closely correlated with VGT. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTEC jumps, then VGT could also see price increases.
| Ticker / NAME | Correlation To FTEC | 1D Price Change % | ||
|---|---|---|---|---|
| FTEC | 100% | +2.16% | ||
| VGT - FTEC | 100% Closely correlated | +2.22% | ||
| IGM - FTEC | 99% Closely correlated | +2.21% | ||
| IXN - FTEC | 99% Closely correlated | +1.67% | ||
| IYW - FTEC | 99% Closely correlated | +2.20% | ||
| XLK - FTEC | 99% Closely correlated | +2.16% | ||
More | ||||