FDRV Fidelity Elctrc Vhcls & Ftr Trnsptn ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide returns that correspond generally to the performance of the Fidelity Electric Vehicles and Future Transportation Index℠... Show more
FDRV sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for FDRV moved above the 200-day moving average on June 23, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 20, 2025. You may want to consider a long position or call options on FDRV as a result. In of 63 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FDRV just turned positive on June 26, 2025. Looking at past instances where FDRV's MACD turned positive, the stock continued to rise in of 34 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDRV advanced for three days, in of 200 cases, the price rose further within the following month. The odds of a continued upward trend are .
FDRV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 115 cases where FDRV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDRV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category ForeignLargeGrowth
FDRV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FDRV has been closely correlated with CGGO. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDRV jumps, then CGGO could also see price increases.
| Ticker / NAME | Correlation To FDRV | 1D Price Change % | ||
|---|---|---|---|---|
| FDRV | 100% | +1.54% | ||
| CGGO - FDRV | 81% Closely correlated | +0.50% | ||
| ERTH - FDRV | 79% Closely correlated | +1.63% | ||
| FWD - FDRV | 75% Closely correlated | +0.99% | ||
| FBOT - FDRV | 72% Closely correlated | +0.87% | ||
| PCGG - FDRV | 71% Closely correlated | +1.17% | ||
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