FIDELITY EMERG MARKETS MULTI (FDEM) Stock Technical Analysis
NYSEARCA:FDEM - NYSE Arca - US3160925430 - ETF - Currency: USD
Overall FDEM gets a technical rating of 2 out of 10. FDEM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month FDEM has a been trading in the 22.63 - 25.75 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, FDEM turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
FDEM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
FDEM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.39, a Stop Loss order could be placed below this zone.
More info and screens
23.73
27.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.67 to 25.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.97 to 24.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.81 to 25.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.64 to 26.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.01
Mansfield0.09
10 Day High25.59
10 Day Low24.37
20 Day High25.75
20 Day Low22.63
52 Week High27.63
52 Week Low22.63
Performance
1 Week3.04%
2 Weeks4.57%
1 Month-0.74%
3 Month-1.44%
6 Month-3.09%
12 Month-0.43%
2 Year12.59%
3 Year8.52%
5 Year21.8%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)54.9
LBB23.14
UBB26.09
25.4
-0.08 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.31%
1 Week3.04%
2 Weeks4.57%
1 Month-0.74%
3 Month-1.44%
6 Month-3.09%
12 Month-0.43%
2 Year12.59%
3 Year8.52%
5 Year21.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.42%
ATR Inc-67.63%
Range Today0.18
ADR(20)0.53
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.01
Mansfield0.09
10 Day High25.59
10 Day Low24.37
20 Day High25.75
20 Day Low22.63
52 Week High27.63
52 Week Low22.63
CS1 End25.39
CR1 Start25.81
Volume & EV
DER(3)-0.79%
DER(5)-4.19%
Volume31.10K
Volume Incr-76.07%
Vol(5)24.62K
Vol(50)74.41K