Fidelity Value Factor ETF (FVAL, $54.67) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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FVAL - Fidelity Value Factor ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $54.67
Daily change: -$0.94 (-1.69%)
Daily volume: 21.4K
Net Assets: $762.2M
This indicator may be signaling that FVAL's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 68 similar cases where FVAL's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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FVALDaily Signal changed days agoGain/Loss if shorted
 
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Category LargeValue

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