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FIDELITY US UTILITIES ETF (FUTY) Stock Technical Analysis

NYSEARCA:FUTY - NYSE Arca - US3160928657 - ETF - Currency: USD

51.45  -0.27 (-0.52%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to FUTY. Both in the recent history as in the last year, FUTY has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FUTY did better than 81% of all other stocks. We also observe that the gains produced by FUTY over the past year are nicely spread over this period.
FUTY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FUTY is performing more or less in line with the market.
In the last month FUTY has a been trading in the 48.87 - 51.87 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.
Weekly and Daily overview Charts
FIDELITY US UTILITIES ETF / FUTY Weekly stock chart
FIDELITY US UTILITIES ETF / FUTY Daily stock chart
Setup Rating and Analysis

8

FUTY has an excellent technical rating and also presents 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 52.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FUTY 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.
Support and Resistance Analysis

47.64

53.92

When analyzing the support we notice one important area.

  • A support zone ranging from 48.12 to 51.42. 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.

  • Resistance @52.23 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 53.39 to 53.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.54
Mansfield0.13
10 Day High51.87
10 Day Low50.21
20 Day High51.87
20 Day Low48.87
52 Week High53.65
52 Week Low39.08
Performance
1 Week1.06%
2 Weeks2.42%
1 Month2.15%
3 Month-1.37%
6 Month6.42%
12 Month29.56%
2 Year22.27%
3 Year17.73%
5 Year28.21%
10 Year76.4%
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)0.11
RSI(14)62.01
LBB49.9
UBB52.04
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
52.2450.202.04 (3.91%)25.00%
An entry @52.24. This is a Buy Stop order right above the resistance zone.An exit @50.20. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 2.04 points, which is 3.91%.For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FIDELITY US UTILITIES ETF / FUTY Daily stock chart

FIDELITY US UTILITIES ETF

NYSEARCA:FUTY (2/24/2025, 1:02:13 PM)

51.45

-0.27 (-0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week1.06%
2 Weeks2.42%
1 Month2.15%
3 Month-1.37%
6 Month6.42%
12 Month29.56%
2 Year22.27%
3 Year17.73%
5 Year28.21%
10 Year76.4%
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%1.52%
ATR Inc-22.1%
Range Today0.62
ADR(20)0.69
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.54
Mansfield0.13
10 Day High51.87
10 Day Low50.21
20 Day High51.87
20 Day Low48.87
52 Week High53.65
52 Week Low39.08
CS1 End51.42
CR1 Start52.23
Volume & EV
DER(3)0.46%
DER(5)3.44%
Volume106.18K
Volume Incr-24.08%
Vol(5)126.34K
Vol(50)211.82K