FRNW Fidelity Clean Energy 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 Clean Energy Index℠... Show more
FRNW's Stochastic Oscillator stays in overbought zone for 15 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FRNW moved out of overbought territory on October 17, 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 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRNW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FRNW broke above its upper Bollinger Band on October 01, 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 FRNW advanced for three days, in of 208 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 157 cases where FRNW 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 MiscellaneousSector
FRNW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FRNW has been closely correlated with ICLN. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if FRNW jumps, then ICLN could also see price increases.
| Ticker / NAME | Correlation To FRNW | 1D Price Change % | ||
|---|---|---|---|---|
| FRNW | 100% | -1.86% | ||
| ICLN - FRNW | 87% Closely correlated | -1.55% | ||
| TAN - FRNW | 87% Closely correlated | -3.06% | ||
| XT - FRNW | 65% Loosely correlated | +0.14% | ||
| BOTZ - FRNW | 57% Loosely correlated | -1.21% | ||
| NLR - FRNW | 40% Loosely correlated | -3.82% | ||
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