Fidelity Enhanced Small Cap Core ETF (FESM)

Fidelity Enhanced Small Cap Core ETF is trading at $48.21, down 1.20% on the session. The 50 day average sits at $47.12 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 63.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $46.82 with resistance near $48.93, so that band frames the current range. Average daily movement is roughly $0.62, or about 1.3% of the share price, which is what any stop placement has to allow for. The overall health score of 76 out of 100 combines a trend score of 72, momentum of 78 and a risk score of 78.

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap 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.