stoxline Quote Chart Rank Option Currency Glossary
  
Fidelity Covington Trust - Enhanced Small Cap ETF (FESM)
28.97  0.32 (1.12%)    05-03 15:59
Open: 29.12
High: 29.12
Volume: 25,125
  
Pre. Close: 28.65
Low: 28.845
Market Cap: 529(M)
Technical analysis
2024-05-03 4:44:31 PM
Short term     
Mid term     
Targets 6-month :  35.08 1-year :  40.98
Resists First :  30.04 Second :  35.08
Pivot price 28.12
Supports First :  28.36 Second :  27.32
MAs MA(5) :  28.46 MA(20) :  28.32
MA(100) :  28.33 MA(250) :  0
MACD MACD :  -0.2 Signal :  -0.3
%K %D K(14,3) :  77.5 D(3) :  62.6
RSI RSI(14): 55.8
52-week High :  30.2 Low :  24.57
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ FESM ] has closed Bollinger Bands are 0% narrower than normal.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 29.15 - 29.27 29.27 - 29.38
Low: 28.55 - 28.68 28.68 - 28.82
Close: 28.75 - 28.96 28.96 - 29.17
Company Description

FESM seeks capital appreciation by targeting common stocks within the Russel 2000 Index. The benchmark is a market capitalization-weighted index, specifically intended to evaluate the small-cap sector of the US equity market. Investments may also include foreign stocks. With the aim of potentially providing a total return that surpasses that of the Index, the fund utilizes a computer-aided, quantitative analysis that evaluates historical valuation, growth, profitability, and various other factors. In addition to capital growth, the fund engages in securities lending as an income-generating strategy. FESM converted from a mutual fund called Fidelity Small Cap Enhanced Index Fund to an actively managed ETF structure starting with $435 million in net assets.

Headline News

Thu, 29 Jun 2023
Fidelity to Convert 6 Enhanced Index Funds to ETFs - ThinkAdvisor

Fri, 03 May 2024

Fri, 03 May 2024

Fri, 03 May 2024

Fri, 03 May 2024

Fri, 03 May 2024

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
AMEX
Sector:
Financial Services
Industry:
Asset Management
Shares Out 0 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 0 (%)
Shares Short 0 (K)
Shares Short P.Month 0 (K)
Stock Financials
EPS 0
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0
Profit Margin 0 %
Operating Margin 0 %
Return on Assets (ttm) 0 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth 0 %
Gross Profit (p.s.) 0
Sales Per Share 0
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio 0
PEG Ratio 0
Price to Book value 0
Price to Sales 0
Price to Cash Flow 0
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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