FIDELITY ENHNCD HIGH YLD ETF (FDHY) Stock Technical Analysis
NYSEARCA:FDHY - NYSE Arca - US3160926180 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to FDHY. FDHY 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 FDHY has a been trading in the 45.41 - 48.21 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, FDHY turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
FDHY 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.
Although the technical rating is bad, FDHY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FDHY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
45.54
49.93
We found 1 important support area.
- A support zone ranging from 46.00 to 47.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.94 to 49.44. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS57.66
Mansfield0.15
10 Day High48.08
10 Day Low46.6
20 Day High48.21
20 Day Low45.41
52 Week High49.79
52 Week Low45.41
Performance
1 Week1.86%
2 Weeks2.68%
1 Month-0.07%
3 Month-1.65%
6 Month-1.21%
12 Month0.04%
2 Year1.84%
3 Year-1.51%
5 Year-3.82%
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)0.17
RSI(14)55.47
LBB46.08
UBB48.16
47.915
+0.03 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week1.86%
2 Weeks2.68%
1 Month-0.07%
3 Month-1.65%
6 Month-1.21%
12 Month0.04%
2 Year1.84%
3 Year-1.51%
5 Year-3.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%1.29%
ATR Inc-55.17%
Range Today0.33
ADR(20)0.58
ADR(20)%1.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.66
Mansfield0.15
10 Day High48.08
10 Day Low46.6
20 Day High48.21
20 Day Low45.41
52 Week High49.79
52 Week Low45.41
CS1 End47.36
CR1 Start47.94
Volume & EV
DER(3)6.56%
DER(5)4.14%
Volume15.20K
Volume Incr-61.53%
Vol(5)22.82K
Vol(50)52.80K