Fidelity Nasdaq Composite Index ETF (ONEQ)

Fidelity Nasdaq Composite Index ETF is trading at $102.96, down 1.64% on the session. The 50 day average sits at $104.82 and the 200 day at $98.42, which puts the stock in a uptrend. RSI is at 37.8, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $102.08 with resistance near $105.01, so that band frames the current range. Average daily movement is roughly $1.53, or about 1.5% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 73, momentum of 29 and a risk score of 84.

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.