FDMO Fidelity Momentum Factor ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U... Show more
FDMO sees MACD Histogram crosses below signal line
FDMO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 29, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FDMO moved out of overbought territory on June 09, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 52 similar instances where the indicator moved out of overbought territory. In of the 52 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where FDMO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FDMO broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDMO advanced for three days, in of 366 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 361 cases where FDMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category LargeGrowth
FDMO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FDMO has been closely correlated with QQQM. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDMO jumps, then QQQM could also see price increases.
| Ticker / NAME | Correlation To FDMO | 1D Price Change % | ||
|---|---|---|---|---|
| FDMO | 100% | -1.14% | ||
| QQQM - FDMO | 96% Closely correlated | -1.27% | ||
| QQEW - FDMO | 89% Closely correlated | -1.53% | ||
| IVW - FDMO | 84% Closely correlated | -1.23% | ||
| IWF - FDMO | 83% Closely correlated | -1.27% | ||
| VUG - FDMO | 83% Closely correlated | -1.37% | ||
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