FUTY Stock Fidelity MSCI Utilities ETF (FUTY, $52.28) RSI Indicator left the overbought zone on October 17, 2024

GET DAILY SIGNALS

Get AI intraday signals

FUTY - Fidelity MSCI Utilities ETF

RSI signal

View

Odds of DOWN Trend

Price: $52.28

Daily change: -$0.49 (-0.93%)

Daily volume: 155.2K

Net Assets: $1.8B

FUTY in -1.10% downward trend, falling for three consecutive days on October 10, 2024

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 FUTY declined for three days, in of 243 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 RSI Indicator for FUTY moved out of overbought territory on October 17, 2024. 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 35 similar instances where the indicator moved out of overbought territory. In of the 35 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.

FUTY broke above its upper Bollinger Band on September 23, 2024. 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 October 16, 2024. You may want to consider a long position or call options on FUTY as a result. In of 98 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 FUTY just turned positive on October 18, 2024. Looking at past instances where FUTY's MACD turned positive, the stock continued to rise in of 43 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 FUTY advanced for three days, in of 352 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 321 cases where FUTY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .