FIDELITY CORPORATE BOND ETF (FCOR) Stock Technical Analysis
NYSEARCA:FCOR - NYSE Arca - US3161881012 - ETF - Currency: USD
Taking everything into account, FCOR scores 5 out of 10 in our technical rating. FCOR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
FCOR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 46.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FCOR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.68
When analyzing the support we notice one important area.
- A support zone ranging from 45.13 to 46.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 46.68 to 47.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.59 to 48.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSEARCA:FCOR (4/29/2025, 11:07:33 AM)
46.65
-0.04 (-0.09%)