Fidelity Strategic Dividend Fund Pattern Recognition Two Crows

FTSDX Fund  USD 16.59  0.03  0.18%   
Fidelity Strategic pattern recognition tool provides the execution environment for running the Two Crows recognition and other technical functions against Fidelity Strategic. Fidelity Strategic value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Two Crows recognition function is designed to identify and follow existing trends. Fidelity Strategic momentum indicators are usually used to generate trading rules based on assumptions that Fidelity Strategic trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for Fidelity Strategic.

Fidelity Strategic Technical Analysis Modules

Most technical analysis of Fidelity Strategic help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fidelity from various momentum indicators to cycle indicators. When you analyze Fidelity charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Fidelity Strategic Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fidelity Strategic Dividend. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Strategic Dividend based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Strategic's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Fidelity Strategic's intrinsic value. In addition to deriving basic predictive indicators for Fidelity Strategic, we also check how macroeconomic factors affect Fidelity Strategic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Strategic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
16.1216.5917.06
Details
Intrinsic
Valuation
LowRealHigh
16.0216.4916.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Strategic. Your research has to be compared to or analyzed against Fidelity Strategic's peers to derive any actionable benefits. When done correctly, Fidelity Strategic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fidelity Strategic.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Latest Portfolios Now

   

Latest Portfolios

Quick portfolio dashboard that showcases your latest portfolios
All  Next Launch Module

Fidelity Strategic pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fidelity Strategic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fidelity Strategic will appreciate offsetting losses from the drop in the long position's value.

Fidelity Strategic Pair Trading

Fidelity Strategic Dividend Pair Trading Analysis

The ability to find closely correlated positions to Fidelity Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity Strategic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fidelity Strategic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fidelity Strategic Dividend to buy it.
The correlation of Fidelity Strategic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fidelity Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fidelity Strategic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Strategic Dividend. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Fidelity Strategic information on this page should be used as a complementary analysis to other Fidelity Strategic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Please note, there is a significant difference between Fidelity Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Strategic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.