Fidelity Nasdaq Composite Index ETF (ONEQ)

Fidelity Nasdaq Composite Index ETF is trading at $103.73, down 1.25% on the session. The 50 day average sits at $102.04 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 60.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $100.54 with resistance near $105.41, so that band frames the current range. Average daily movement is roughly $1.59, or about 1.5% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 52, momentum of 79 and a risk score of 71.

The fund normally invests at least 80% of assets in common stocks included in the index. The advisor uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the Nasdaq Composite Index® that have a similar investment profile to the entire index.