(FPRO) Fidelity Real Estate - Ratings and Ratios

Fidelity Real Estate Investment ETF (BATS:FPRO) is an actively managed exchange-traded fund that focuses on the real estate sector, investing at least 80% of its assets in companies primarily engaged in real estate and related investments, with a non-diversified investment approach. The funds investment strategy includes both domestic and international issuers, providing a broad exposure to the global real estate market.

The fund operates under an exemptive order from the Securities and Exchange Commission, which allows it to maintain confidentiality regarding its complete portfolio holdings on a daily basis. This characteristic is typical for actively managed ETFs, enabling the fund to implement its investment strategy without revealing its full hand to the market.

Given the current technical data, FPRO is trading at $22.16, below its SMA20 and SMA50, indicating a potential short-term bearish trend. However, its position relative to SMA200 suggests its still within a longer-term stable trend. The Average True Range (ATR) of 0.32, or 1.42%, indicates moderate volatility. With a 52-week high of $24.32 and a low of $19.25, the fund has shown significant price movement, suggesting responsiveness to market conditions.

Combining technical and fundamental data, a forecast for FPRO can be derived. With an AUM of $14.94M USD, the fund has a relatively small asset base, which can be both a risk and an opportunity. The small size may allow for more agile investment decisions but also poses liquidity risks. Given the current price is near its SMAs and considering the moderate volatility, a potential trading range could be between $21.80 and $22.80. A break above $22.80 could signal a bullish trend towards the 52-week high, while a drop below $21.80 might indicate further downside. Investors should monitor the funds ability to maintain its investment objectives and adjust its holdings in response to market conditions.

To capitalize on potential opportunities, investors may consider monitoring real estate market trends, interest rate changes, and the overall economic outlook, as these factors can significantly impact FPROs performance. A disciplined approach, considering both technical and fundamental analyses, is crucial for making informed investment decisions regarding FPRO.