FCLD Stock Summary and Trading Ideas (Fidelity Cloud Computing ETF | BATS:FCLD)

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet.

Fidelity Cloud Computing ETF trades on the BATS stock market under the symbol FCLD.

As of December 13, 2024, FCLD stock price declined to $29.45 with 19,603 million shares trading.

FCLD has a beta of 1.44, meaning it tends to be more sensitive to market movements. FCLD has a correlation of 0.60 to the broad based SPY ETF.

FCLD has a market cap of $89.82 million. This is considered a Micro Cap stock.

In the last 3 years, FCLD traded as high as $30.96 and as low as $13.20.

FCLD has outperformed the market in the last year with a price return of +34.8% while the SPY ETF gained +31.5%. FCLD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +26.1% and +1.5%, respectively, while the SPY returned +8.2% and +0.7%, respectively.

FCLD support price is $29.33 and resistance is $30.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FCLD shares will trade within this expected range on the day.