Fidelity Freedom 2010 Fund Technical Analysis

FOTKX Fund  USD 13.54  0.08  0.59%   
As of the 16th of April 2024, Fidelity Freedom shows the Downside Deviation of 0.4496, coefficient of variation of 2890.15, and Mean Deviation of 0.2488. Fidelity Freedom 2010 technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Fidelity Freedom 2010, which can be compared to its peers. Please confirm Fidelity Freedom 2010 market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Fidelity Freedom 2010 is priced favorably, providing market reflects its regular price of 13.54 per share.

Fidelity Freedom Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fidelity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Fidelity
  
Fidelity Freedom's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Fidelity Freedom technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Fidelity Freedom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Freedom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Fidelity Freedom 2010 Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Fidelity Freedom 2010 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Fidelity Freedom 2010 Trend Analysis

Use this graph to draw trend lines for Fidelity Freedom 2010. You can use it to identify possible trend reversals for Fidelity Freedom as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Fidelity Freedom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Fidelity Freedom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fidelity Freedom 2010 applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Fidelity Freedom 2010 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.09, which is the sum of squared deviations for the predicted Fidelity Freedom price change compared to its average price change.

About Fidelity Freedom Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Fidelity Freedom 2010 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Fidelity Freedom 2010 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Fidelity Freedom 2010 price pattern first instead of the macroeconomic environment surrounding Fidelity Freedom 2010. By analyzing Fidelity Freedom's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Fidelity Freedom's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Fidelity Freedom specific price patterns or momentum indicators. Please read more on our technical analysis page.

Fidelity Freedom April 16, 2024 Technical Indicators

Most technical analysis of Fidelity 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Fidelity Freedom 2010 One Year Return

Based on the recorded statements, Fidelity Freedom 2010 has an One Year Return of 5.7042%. This is 53.75% higher than that of the Fidelity Investments family and significantly higher than that of the Target-Date 2000-2010 category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Freedom 2010. 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 industry.
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Please note, there is a significant difference between Fidelity Freedom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Freedom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Freedom'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.