Fidelity Enhanced Small Cap Core ETF (FESM)

Fidelity Enhanced Small Cap Core ETF is trading at $45.20, down 2.27% on the session. The 50 day average sits at $46.02 and the 200 day at $43.86, which puts the stock in a uptrend. RSI is at 55.4, which reads as strong, and MACD is bullish crossover. Volume is above average.

The nearest support is around $45.34 with resistance near $46.32, so that band frames the current range. Average daily movement is roughly $0.57, or about 1.3% of the share price, which is what any stop placement has to allow for. The overall health score of 81 out of 100 combines a trend score of 77, momentum of 77 and a risk score of 92.

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.