Fidelity Enhanced Large Cap Growth ETF (FELG)

Fidelity Enhanced Large Cap Growth ETF is trading at $44.22, down 1.46% on the session. The 50 day average sits at $43.35 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 61.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $42.12 with resistance near $45.07, so that band frames the current range. Average daily movement is roughly $0.70, or about 1.6% of the share price, which is what any stop placement has to allow for. The overall health score of 73 out of 100 combines a trend score of 68, momentum of 79 and a risk score of 71.

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. The adviser will generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include,but are not limited to, valuation, growth, quality, and other factors. The fund is non-diversified.