Technical Analysis for FBUF - Fidelity Dynamic Buffered Equity ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | N/A | Up | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Gapped Up | Strength | 0.00% | |
Up 3 Days in a Row | Strength | 0.00% | |
Pocket Pivot | Bullish Swing Setup | 0.11% | |
Volume Surge | Other | 0.11% | |
MACD Bearish Signal Line Cross | Bearish | 0.37% | |
Narrow Range Bar | Range Contraction | 0.37% | |
Narrow Range Bar | Range Contraction | 0.47% | |
Down 3 Days in a Row | Weakness | 0.47% | |
Down 4 Days in a Row | Weakness | 0.47% | |
Gapped Down | Weakness | 0.47% |
Alert | Time |
---|---|
Rose Above Previous Day's High | 2 days ago |
2x Volume Pace | 2 days ago |
1.5x Volume Pace | 2 days ago |
3x Volume Pace | 2 days ago |
10x Volume Pace | 2 days ago |
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Fidelity Dynamic Buffered Equity ETF Description
FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.
Classification
Keywords: Options Equity Derivative Put Option
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 27.85 |
52 Week Low | 23.9952 |
Average Volume | 4,765 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 26.72 |
20-Day Moving Average | 27.11 |
10-Day Moving Average | 27.42 |
Average True Range | 0.19 |
RSI (14) | 59.35 |
ADX | 48.68 |
+DI | 53.00 |
-DI | 21.22 |
Chandelier Exit (Long, 3 ATRs) | 27.29 |
Chandelier Exit (Short, 3 ATRs) | 27.15 |
Upper Bollinger Bands | 27.82 |
Lower Bollinger Band | 26.41 |
Percent B (%b) | 0.63 |
BandWidth | 5.23 |
MACD Line | 0.19 |
MACD Signal Line | 0.22 |
MACD Histogram | -0.0232 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 27.72 | ||||
Resistance 3 (R3) | 27.75 | 27.63 | 27.65 | ||
Resistance 2 (R2) | 27.63 | 27.53 | 27.62 | 27.63 | |
Resistance 1 (R1) | 27.47 | 27.46 | 27.41 | 27.44 | 27.60 |
Pivot Point | 27.35 | 27.35 | 27.32 | 27.34 | 27.35 |
Support 1 (S1) | 27.19 | 27.25 | 27.13 | 27.16 | 27.00 |
Support 2 (S2) | 27.07 | 27.18 | 27.06 | 26.97 | |
Support 3 (S3) | 26.91 | 27.07 | 26.95 | ||
Support 4 (S4) | 26.88 |